Stock markets open lower ahead of key RBI policy rate decision
MUMBAI: The Indian equity markets posted moderate losses in the early session on Friday, as investors waited for cues from the RBI Monetary Policy Committee (MPC) decision on the key repo rate.
As of 9.25 am, Sensex lost 134 points, or 0.16 per cent, to 83,179, and Nifty eased 56 points, or 0.22 per cent to 25,586.
Main broad-cap indices posted strong losses, as the Nifty Midcap 100 eased 0.48 per cent, and the Nifty Smallcap 100 edged down 0.97 per cent.
Major sectoral indices traded in red, expect PSU bank, private bank as well as oil and gas. Most notable losers were IT, down 1.76 per cent and pharma, down 1.03 per cent.
 
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Baljeet Singh
Baljeet is a Punjabi news writer dedicated to bringing reliable and engaging news to readers. He focuses on covering trending stories, regional updates, and important social issues while presenting information in a simple and clear way for the Punjabi audience.
