October 30, 2012 1:32 PM

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Sensex stands 195 points down at 18,441 in afternoon trade

Giving up all its initial gains, the Sensex at the Bombay Stock Exchange stood 195 points, or 1.1 percent in the negative zone, at 18,441, in afternoon trade, a short while ago, after the Reserve Bank of India kept key policy interest rates unchanged. Earlier in the morning, however, the Sensex had opened with a small gain of 14 points, at 18,649, on hopes of a rate cut by the RBI.Key stock markets in China, Indonesia, Singapore, Taiwan and South Korea had advanced between 0.1 percent and 1.1 percent, today.

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