Markets slide post-RBI policy
The Indian markets ended up in red today, because rate -sensitive sectors responded negatively to the decision of the reserve Bank of India. The central bank kept the interest rates stable and maintained a neutral attitude, in accordance with expectations, but disappointed investors who hope for a more Dovish signal in the midst of global uncertainty.
The Sesex fell 166 points to close at 80,543, while the Nifty finished 75 points and settled under 24,600 on 24,574.
Which towing markets?
IT and Pharmaceutical Shares were among the worst artists, about 2%, affected by new trading tension from the US
Interesting sectors such as real estate, car and sustainable sustainableities are also closed lower.
Wider markets performed subsequently, with small and mid-caps falling to 1.1%.
Trump’s Tariefdendiging
US President Donald Trump escalated the trade tensions and warned of a “very substantial” rise in rates for Indian input within 24 hours due to the continuous purchase of Russian oil by India. That has been added to Marktjitters.
TOP Wears
Stocks such as Sun Pharma, Tech Mahindra, Bajaj Finance and Infosys were among the most important laggards on the Sesex.
Expert display
Vinod Nair from Geojit Financial Services said that although the position of the RBI was expected, sectors such as Pharma a direct hit names through renewed tariff threats.
Technically, Nifty remains under sales pressure. Rupak The LKP securities sees further disadvantage when the index breaks below 24,400, a crucial level of support.
Global snapshot
Worldwide markets showed signs of recovery, with European and Asian indices that return modestly. Investors now keep a close eye on important US economic data and fueling signals.
Raw materials and rupees
Brent Crude rose to $ 68.54 on the back of a surprise decrease in American stocks.
The Indian rupid has somewhat up to 87.73 per dollar, helped by the RBI decision, but can remain volatile due to external tariff risks.
That is all for now on the market Watch. Stay informed for more updates. I am Neha v Mahajan, unsubscribed.
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