February 7, 2025 4:28 PM
Sensex, Nifty end lower as investors digest RBI MPC decision
The Indian stock market closed lower on Friday as investors continued to assess the Reserve Bank of India (RBI)'s recent Monetary Policy Committee (MPC) decision to cut the repo rate by 25 basis points (bps). Despite the rate cut, the central bank maintained its neutral policy stance, signaling a balanced approach towards managing inflation and supporting economic growth. The RBI MPC reduced the repo rate from 6.5% to 6.25%. Governor Sanjay Malhotra emphasized that the committee remained commit...


