The Sensex declined by 166 points, settling at 80,543.99 The Nifty 50 closed below the key 24,600 mark, down 75 points at 24,574.20 🧾 What Moved the Market The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.50%, maintaining a neutral stance. This cautious policy approach dampened hopes for a more supportive signal amid global uncertainties. Sectors sensitive to interest rates—like real estate, auto, consumer goods, and financials—saw broad-based selling. 🔻 Top Losers Tech Mahindra and Sun Pharma each fell over 2%, leading the losses on the Nifty. The broader IT and Pharma sectors underperformed, each down around 1–2%. 📈 Bright Spots The PSU Bank index outperformed, ending in the green with 0.6% gains, bucking the overall weak market sentiment. Asian Paints rose nearly 2.2%, emerging as the day’s top gainer on the Nifty amid defensive buying. 💡 Final Take Markets closed lower as investors reacted to the RBI’s policy outcome and the lack of near-term rate support. Selling was seen across most sectors, especially in rate-sensitive and export-linked stocks. However, select PSU banks and defensives like Asian Paints provided some cushion. Overall, the tone remained cautious with traders booking profits ahead of global cues.

ASIANPAINT

SUNPHARMA

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