April 9, 2025 10:04 AM

Sensex, Nifty open lower ahead of RBI MPC decisions as reciprocal tariffs kick in

Indian equity indices opened lower on Wednesday, following their global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector. Ahead of the RBI Monetary Policy Committee (MPC) decisions, where a 25 bps repo rate cut is likely, along with a shift in stance from 'neutral' to 'accommodative,' the Sensex was down 302 points, or 0.41 percent, at 73,939, and the Nifty was down 107 points, or 0.48 percent, at 22,433 in early trade. Along with large-cap ...