Mumbai, 4/12; The BSE Sensex hits 45,000 points for the first time ever after RBI Governor Shaktikanta Das said that the accommodative stance would continue for the rest of FY21 and revised the growth prospects.
The NIFTY also touched an all-time high of 13,250.30 points
In a video statement, Mr. Das stated that the economic recovery has been faster than anticipated and the real GDP growth for FY21 is projected at (-)7.5 percent, against the previous estimate of (-)9.5 percent. He attributed the upward revision in GDP growth numbers to the current rate of recovery and vaccine hopes for Covid-19.