BENGALURU, June 7 (Reuters) - Indian shares held steady on Friday after the Reserve Bank of India kept interest rates unchanged as widely-expected, and retained its tighter monetary stance.
The NSE Nifty 50 index was up 0.67% at 22,968.9 points and the S&P BSE Sensex added 0.64% to 75,624 points, after the rate cut decision.
The Reserve Bank of India (RBI) kept its key interest rate unchanged in a widely expected move as robust economic growth continues to provide space to focus on bringing down inflation towards its medium-term target of 4%. (Reporting by Sethuraman NR and Hritam Mukherjee in Bengaluru; Editing by Varun H K)
