Hopes of lower interest rates and more liquidity on the back of easing retail inflation and the Rese...........

English ( Master) Paragraph Completion

Directions: Each of the following questions has a paragraph from which a sentence has been deleted. From the given options, choose the sentence that completes the paragraph in the most appropriate way.

Hopes of lower interest rates and more liquidity on the back of easing retail inflation and the Reserve Bank’s outreach efforts and foreign fund inflows aided the barometer S&P BSE Sensex to gain over 150 points while NSE Nifty50 ended the session just short of 10,800 points. On a sector-specific basis, the rise was supported by healthy buying in the state-owned banking stocks after Reserve Bank of India Governor Shaktikanta Das on Thursday held a meeting with heads of Mumbai-based public sector banks. ________________________________________.

Crucial supports to watch for any weakness are at 10,750.

However, three days of upward movement gave investors a chance to book profits, capping the session’s gains.

Speaking at Republic Summit here, Ambani , who is chairman of energy-to-telecom conglomerate Reliance Industries Ltd, said data of an individual or business belongs to them and not to corporates who could use it to monetize from them.

The decision was made upon a review of the surveys conducted by the Reserve Bank to gauge consumer confidence, households’ inflation expectations, the corporate sector performance, credit conditions.

The Reserve Bank of India (RBI) has released the minutes of the 14th meeting of the Monetary Policy Committee (MPC) which decided to keep the policy repo rate unchanged at 6.5 percent.

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Explanation:

Correct Answer is (b).
Option (b) is the most appropriate choice. Option (b) must be the concluding sentence of the paragraph. As the paragraph mentions about the hopes of lower interest rates and more liquidity on the back of easing retail inflation, thus the paragraph is stating about the share market condition of S&P BSE Sensex and NSE Nifty, so the only statement that is referring about the investors among all is option (b) that however, three days of upward movement gave investors a chance to book profits , capping the session’s gains.