Indian equities end marginally higher following RBI monetary policy announcement
New Delhi, Aug. 5 -- Indian stock markets closed in the green on Wednesday as investors processed the central bank's monetary policy decisions alongside key macroeconomic indicators. The BSE SENSEX advanced 152.05 points, or 0.19 per cent, to end at 78,581.00, while the NSE NIFTY 50 settled at 24,624.65, higher by 9.75 points or 0.04 per cent.
Analysts noted that market participants responded positively to the central bank's steady stance on policy rates and growth prospects.
Vinod Nair, Head of Research, Geojit Investments Limited, said "The RBI's MPC has maintained the status quo while marginally upgrading FY27 GDP growth projection, citing a resilient domestic economy. Additionally, annual inflation estimates were lowered, indicating...
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