Ahead of the monetary policy review, BSE SME plunges by 0.39%

Mumbai, August 4 (KNN) Ahead of the Reserve Bank of India’s (RBI’s) Monetary Policy Review, the BSE SME plunged by 0.39 per cent.

Out of 103 firms listed with the bourse, just 11 companies trade actively in the early trade. There were 3 gainers and 11 losers and the market capitalization was Rs 7,441.32 crore.

The Reserve Bank of India is slated to hold its third bi-monthly policy meet today. According to the experts, this time, after three rate cuts in calendar year 2015, the central bank is expected to keep key rates unchanged on the basis of the current domestic economic scenario. (KNN Bureau)