Headline: RBI Policy: Sensex holds gains, Nifty trades below 24,600 as inflation outlook remains in focus

Summary: Indian benchmark indices traded mixed after the Reserve Bank of India kept the repo rate unchanged at 5.25%, with investors closely tracking the central bank's policy outlook on inflation and economic growth. The RBI indicated that monetary policy will continue to be guided by headline inflation, while noting that core inflation is expected to ease further. However, supply-side pressures could push headline inflation higher, with inflation likely to peak in the third quarter of FY27. The RBI retained its FY27 GDP growth forecast at 6.7% and revised its FY27 inflation projection to 5.0% from the earlier estimate of 5.1%. The Sensex traded with modest gains, while the Nifty remained below the 24,600 mark as weakness in banking stocks capped the market's upside. Broader markets outperformed, with the Nifty Smallcap and Nifty Midcap indices trading in positive territory. Among sectoral indices, realty, auto, and PSU bank stocks led the gains, whereas FMCG and pharma stocks lagged. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,