The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,715 level, a premium of nearly 25 points from the Nifty futures’ previous close.

The Nifty 50 has dropped 4.4 per cent since the last policy meeting in December, impacted by weak corporate earnings and a slowing economy.

The Indian stock market on Friday closed in the red as investors continue to assess the Reserve Bank of India (RBI)'s Monetary Policy Committee decision to cut the repo rate by 25 basis points (bps).

The Indian stock market, including the Sensex and Nifty 50, closed with losses on February 7, despite a 25 bps rate cut by the Reserve Bank of India, marking the third consecutive session of losses.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,603.35, while Sensex ended at 78,058.16. Overnight, Wall Street indices were in the green.

Sensex dropped 87 points to 77,970.84, while Nifty slipped to 23,570.75 as investors remain cautious ahead of the RBI MPC meeting.

Gift Nifty was trading around 23,710 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating a mildly positive start for the Indian stock market indices.

RBI trimmed its GDP target for Q1 of FY26 to 6.7% from earlier 6.9%, and the target was lowered to 7% for Q2 compared to 7.3%. For Q3 and Q4, RBI expects GDP growth at 6.5% each for FY26.

While the monetary policy committee reduced the repo rate to 6.25 per cent as expected, volatility remained in the market

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 78,300, Nifty50 w

The Reserve Bank of India's recent 25 basis points repo rate cut failed to uplift market sentiment, as the Sensex and Nifty 50 extended their losses amidst global uncertainties and domestic concerns