BSE Sensex and Nifty50, the Indian equity benchmark indices, ended in red today. While BSE Sensex went below the 77,600 mark, Nifty50 was below 23,500 intraday.

While the monetary policy committee reduced the repo rate to 6.25 per cent as expected, volatility remained in the market

The Indian stock market, including the Sensex and Nifty 50, closed with losses on February 7, despite a 25 bps rate cut by the Reserve Bank of India, marking the third consecutive session of losses.

Highlight: FMCG and PSU Bank shares bore the brunt of the selling on Friday after RBI, as expected, announced a 25 bps rate cut. Mid- and Small-cap indices finished on a mixed note.

The banking sector struggled as the RBI’s monetary policy lacked additional liquidity-easing measures. ICICI Bank and SBI led the decline, dragging the Nifty Bank index down 0.6 percent.

The Nifty 50 has dropped 4.4 per cent since the last policy meeting in December, impacted by weak corporate earnings and a slowing economy.

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 78,300, Nifty50 w

Markets await RBI’s rate decision, with analysts eyeing a potential cut to boost growth amid global headwinds.

The 30-share BSE Sensex fell 197.97 points or 0.25 per cent to end the session at 77,860.19. The NSE Nifty 50 index settled 43.40 points or 0.18 per cent lower at 23,559.95.

The stock market went into the red upon opening as trading began on Friday, February 7, the day the new Reserve Bank of India (RBI) governor Sanjay Malhotra is set to announce the interest rate decision of the Monetary Policy Committee (MPC).