Business

Indian Markets Close Lower After RBI Keeps Repo Rate Unchanged

Indian equity markets ended in negative territory on Friday as investors responded to the Reserve Bank of India’s latest monetary policy decision and remained cautious amid persistent global economic uncertainties.

The benchmark indices closed lower, with the Sensex falling 116.67 points, or 0.16 per cent, to settle at 74,243.34. The Nifty also declined 49.85 points, or 0.21 per cent, to close at 23,366.70.

Market sentiment remained subdued after the Monetary Policy Committee (MPC) unanimously decided to keep the policy repo rate unchanged at 5.25 per cent while maintaining a neutral policy stance.

Investors closely analysed the RBI’s commentary on inflation, growth and future policy direction.

The central bank also announced measures aimed at attracting greater foreign investment into domestic financial markets. These include higher investment limits in equities for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs), along with an expanded list of government securities under the Fully Accessible Route (FAR).

Despite these supportive measures, investors remained cautious as they balanced domestic policy signals against evolving global economic conditions.

Among Nifty stocks, Hindalco Industries, Wipro and Trent emerged as the top losers of the session.

IT and metal stocks led the decline, while media shares outperformed the broader market. The Nifty MidCap and SmallCap indices also ended lower.

Analysts identified 23,450–23,550 as the Nifty’s key resistance zone and 23,250 as an important support level.

Market experts said investors viewed the RBI’s decision as a balance between growth and stability, leading to a cautious trading session.

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Anamika Agarwala

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