Markets in red after RBI Governor Shaktikanta Das gave a briefing on Friday. Sensex down 300 points.
Market erases gains after RBI's comments on the extension of moratoriums, cut in repo rate, reverse repo rate and negative GDP growth in FY21.
Sensex falls 262.36 pts to 30,670.54 in opening session and Nifty drops 74.10 pts to 9,032.15.
More details awaited...
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