Indian benchmark indices ended higher, snapping an 8-day losing streak.
Nifty closed above the 24,800 mark, led by RBI’s policy outcome.
The Reserve Bank of India’s MPC kept the repo rate unchanged at 5.5% with a neutral stance.
This marks the second consecutive pause after three cuts totaling 100 bps earlier this year.
RBI lowered its inflation forecast to 2.6%, providing comfort to markets.
GDP growth projection was revised upward to 6.8%, signaling stronger economic momentum.
Additional measures were announced to expand bank lending to capital market.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY MEDIA
4.0
NIFTY REALTY
1.1
NIFTY PRIVATE BANK
2.0
NIFTY AUTO
0.9
NIFTY PHARMA
1.3
NIFTY IT
0.7
NIFTY HEALTHCARE INDEX
1.3
NIFTY FMCG
0.7
Top News
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