Sensex Ends Flat, Nifty Inches Higher Ahead of RBI Policy Announcement
Indian stock markets closed nearly unchanged as investors remained cautious ahead of the RBI monetary policy decision. Financial, midcap, and smallcap stocks supported the market, while IT shares faced selling pressure.
Prasanth Subramani
Indian equity markets ended almost flat on Thursday as investors adopted a cautious approach ahead of the upcoming monetary policy announcement by the Reserve Bank of India.
The benchmark BSE Sensex gained 14 points to close at 74,360, while the Nifty 50 advanced 11 points to settle at 23,416.
Market sentiment remained mixed throughout the trading session, with investors preferring to stay on the sidelines while awaiting clarity on interest rates, inflation projections, and economic growth outlook from the RBI.
Financial stocks provided support to the broader market, while midcap and smallcap shares also witnessed buying interest. However, weakness in information technology stocks limited the overall gains and kept benchmark indices range-bound.
Among the notable gainers, Titan Company and ITC Limited ended higher, supported by positive investor sentiment and sector-specific buying.
On the losing side, Infosys and Bajaj Finserv closed lower amid selective profit booking.
Market participants are now closely watching the RBI's policy decision, which is expected to influence interest rate expectations, liquidity conditions, and overall market direction in the coming weeks.
Analysts believe that while domestic economic indicators remain relatively stable, global uncertainties and foreign fund flows could continue to impact market sentiment. The RBI's commentary on inflation, growth, and future policy stance will be key factors determining the next move for Indian equities.
