Indian stock market extends widely lost after RBI MPC decision

Follow the decision of the Bank of Bank News Wednesday to keep the Repo Rates at 5.50 percent, resistance index, resistance levels.

Nifty 50 is trading at 24,54 am, after the fall of 0.33 percent, while Sensex stood at 80,29 percent. Prior to the committee of the committee of the Currency, NIFTY and Sornsx was down 0.08 percent and 0.07 percent, respectively.

In addition to currency-influence, the influence in the market will be the US historical announcement, according to experts.

The index is expanded its loss to 1,57 percent reduced during trading mornings. Pharma Miftty was lost 1.26 percent and nifty Nifty down 2.26 percent.

In stocks, the conversation is the largest loser decreased 3.49 percent. All the other important ones are lost 1 to 2 percent.

RBI policy council (MPC) has decided to be uniform on August 6th to keep the Repox unchanged at 5.5 percent while following the policy.

The median stance stance requires no motivation or liquidity while it is a good balance of inflation.

RBI province says inflation came to the largest level at food prices, especially vegetables. However, the main inflation remains irregular about 4 percent.

The central bank also received its predictions for the growth of India’s GDP in 2025-26, as it has a population needs of the world and raise the government.

It provers the inflation of India’s CPI in a range 3.1 percent for the stable progress of a stronger of the air sowing and feelings to maintain food prices.

(With raw materials from Ians)