Ahead of Market: 12 things that will decide stock action on Monday
New Delhi: Domestic equity indices had a gap-up opening on Friday, but soon pared gains as RBI in its monetary policy downgraded its GDP growth outlook for 2021-22 to 9.5%. Though financial stocks fell post the RBI policy, hotel scrips soared as the central bank announced a separate liquidity window of Rs 15,000 crore to mitigate the adverse impact of Covid 2.0 on certain contact-intensive sectors related to travel and tourism.
Nifty traded in a tight range of 111 points to end below the 15,700…