Stock Market Reaction : Sensex, Nifty Decline following RBI rate reduction .

Stock Market Reaction : Sensex, Nifty Decline following RBI rate reduction .

The Reserve Bank of India (RBI) lowered the repo rate by 25 basis points to 6.25% on Friday, February 7, 2025, aiming to stimulate economic growth.

Despite fluctuations throughout the session, Indian benchmark indices—Sensex and Nifty—ended lower following the RBI's highly anticipated rate cut, the first in over five years.

The Sensex closed at 77,860, down 197 points (-0.25%), while the Nifty 50 settled at 23,559, dropping 43 points (-0.18%). The Nifty Bank index fell 223 points (-0.44%) to close at 50,158.

The banking sector faced challenges due to the absence of additional liquidity-easing measures in the RBI's policy. Major banks, including HDFC, SBI, and ICICI Bank, were among the worst performers in the Nifty Bank index.

Overall, the market showed little reaction to the rate cut, as it had already been widely anticipated.


Comments

Post a Comment

Popular posts from this blog

A big Downfall Seen in US Market after China's Decision. Market Bleed Continuously

Image
The stock market continued to decline on Friday after China responded to the ongoing trade tensions by imposing new taxes on US exports. This move increased worries that President Donald Trump may have started a global trade war, which could potentially lead to a serious economic crisis. As a result of these new developments, the stock prices continued to drop sharply, and the negative trend was seen across various financial markets. Bonds fell in countries around the world, and oil prices dropped to their lowest levels in four years. The situation worsened as China took more aggressive steps to counteract President Trump's trade policies, fueling fears about the global economy. This was happening at a time when there were signs that the labor market in the United States was still performing well, which created a mix of uncertainty and concern about the broader economic outlook. In terms of specific stock market movements, the Dow Jones Industrial Average lost more than...
Read more

US Stock Market going high after Donald Trump's AI investment Plans. NASDAQ,Dow jones upside movement

Image
US Stock Market going high after Donald Trump's AI investment Plans. NASDAQ,Dow jones upside movement . US Stock Market going high after Donald Trump's AI investment Plans. NASDAQ,Dow jones upside movement . On 22 January 2025 Wednesday US Stock Market opened higher.  The NASDAQ composite opens above 19,900 with a upward movement of 0.74%. The Dow jones Industrial average Opens at 44,178 with a upward movement of 0.35%. The S & P 500 opens at 6,081 with a upward movement of 0.53% . Donald Trump's Billions Dollar investment on Artificial intelligence is a great key point  towards US market going Upside.
Read more

Discover the Top 5 Monopoly Stocks in India: Investment insights for 2025.

Image
Discover the Top 5 Monopoly Stocks in India: Investment insights for 2025 Companies with zero competitors in the market are known as monopoly stocks; investing in these stocks with a long-term investment attitude will yield higher profits. Here is a brief description of these stocks: 1.Nestle The company's network of 16,897 distributors, 5.1 million stores, and more than 2000 brands enable them to reach Indian consumers. With a vast distribution network that allows it to reach customers in far-flung regions of the globe, Nestle has a significant presence in more than 190 countries .  Because of its worldwide reach, the business is able to access local markets, comprehend regional likes and preferences, and modify its product offerings accordingly. 2.IRCTC Indian Railway Catering and Tourism Corporation (IRCTC), which is India's largest and only state-owned railway ticketing company , is a household name across the country. Whether you consider people who book their...
Read more