Market Wrap: Benchmarks Close Steady Ahead of RBI Policy Announcement

The domestic equity market concluded on a subdued note, with the Sensex and Nifty ending largely unchanged amid volatile trading sessions as investors remained cautious ahead of the upcoming RBI policy decision. Among Nifty constituents, $TITAN , $ETERNAL , $COALINDIA , $CIPLA , and $ADANIENT rprises led the gains, while $INFY s, $BAJAJFINSV , $HINDALCO , $SBILIFE , and $ULTRACEMCO were the key drags on the indices. Sector-wise, strength in consumer durables, capital goods, automobiles, pharmaceuticals, banking, and energy stocks provided support to market sentiment. However, selling pressure in information technology and metal counters restricted further gains, keeping the benchmark indices within a narrow trading range. The broader market maintained its positive momentum and outperformed the benchmark indices. The Nifty Midcap 100 and Nifty Smallcap 100 indices gained approximately 0.7% and 0.6%, respectively, reflecting sustained investor interest in mid- and small-cap stocks. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.