Why Markets Hit Record Highs | RBI's Confusing Decision On Yes Bank | Top 5 Stories In 4 Minutes

Why Markets Hit Record Highs | RBI's Confusing Decision On Yes Bank | Top Of The Morning | English Podcast | Stock Market News

The Indian stock markets set new record highs yesterday. Nifty was up by 1.9 percent, while Sensex rose by 1.8 percent. But this time it wasn't just benchmark indices that were setting records — even midcaps joined the party. Here's why that happened

Also on the show - imagine buying a cake but not being allowed to eat it. Confused? Me too. But that's exactly what the Reserve Bank of India wants from a Japanese bank. The Sumitomo Mitsui Bank wants to buy 51 percent of Yes Bank. Fair enough — RBI has been looking for a majority buyer since it intervened to prevent a collapse. But the banking authority wants to cap Sumitomo's voting rights at just 26 percent. Here's why

That and other big stories on this podcast - tune right in!

#stockmarket #nifty #rbi


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