Indian Markets Open Lower Ahead of RBI MPC Decision
Indian equity benchmarks open lower in early trade as investors await cues from the Reserve Bank of India Monetary Policy Committee on the repo rate with IT and pharma stocks leading losses, and global markets trading mixed.
RBI Cuts Repo Rate By 25 Basis Points To Boost Economic Growth
In a bid to accelerate economic growth, RBI Governor Sanjay Malhotra announced a 25 basis point reduction in the policy repo rate.
