Nifty holds 23,400 amid RBI policy caution; broader market ends firm
Mumbai, June 4 -- The benchmark indices ended marginally higher on Thursday after a volatile session marked by sharp swings on weekly Sensex F&O expiry. Sentiment remained cautious amid geopolitical tensions in the Middle East and continued foreign institutional investor (FII) selling. However, reports that the government may remove taxes on foreign portfolio investments in government securities provided support to the market.
Investors also stayed on the sidelines ahead of the Reserve Bank of India's monetary policy decision on 5 June 2026. Market participants are awaiting the central bank's guidance on interest rates, inflation, growth and liquidity.
Despite the choppy trade, broader markets outperformed. Mid-cap and small-cap stocks ...
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