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Nifty open at 7375 up 12 points and Sensex open at 24749 up 64 points. USDINR opened at 59.16.

RBI policy expected unchanged, Announced RBI rate unchanged, repo rate not changed 8% and CRR also unchaged at 4%. Statutory Liquidity Ration changed 50 base paise.

Nifty closed at 7415 up 53 points and Sensex closed at 24858 up 173 points.

Hubtown Ltd

Hubtown Ltd announced offer for sale it will open 04/06/2014 end same date. OFS floor price is Rs 170. Forth coming offer size is 54,48,097.

Shree global trade fin ltd

Shree Global Trade fin Ltd announced offer for sale 04/06/2014. Open date 04/06/2014 end same date. Floor price is Rs 30 and share size 1,37,81,523.  

Currency pair closing details : USDINR closed at 59.2125 , EURINR closed at 80.5645, GBPINR closed at 99.1691 and JPYINR closed at 57.8800.

Nifty closing top gainers are Tata steel closed at Rs 526 up 6.72%, SSLT closed at Rs 296.75 up 5.98%, Coal India closed at Rs 394.40 up 5.64%, DLF closed at Rs 220.25 up 5.21% and Grasim Industries closed at Rs 3323 up 5.16%.

Nifty closing top losers are Dr Reddy closed at Rs 2339 down 3.10%, HCL Technology closed at Rs 1349 down 2.43%, Indus ind bank closed at Rs 539.35 down 2.36%, Gail India closed at Rs 382.50 down 2.11% and Kotak bank closed at Rs 872 down 1.61%.
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