Mumbai: Today (Thursday) trading in the Mumbai stock market started with a decline. The Sensex fell 123 points to 59,565 in early trade. Similarly, the NSE Nifty fell 31 points to 17,525.
Stock markets started trading on a lower note on Thursday. After the RBI’s repo rate announcement, it turned to gain. As of 10:44 am, the Sensex was up 162.75 points at 59,852.06. The Nifty rose 26.85 points to 17,583.90 on the NSE.
Indian stock markets opened lower today amid concerns over the outcome of the Reserve Bank of India’s monetary policy meeting. Equity markets started to head towards gains following the RBI’s announcement that the repo rate would remain unchanged at 6.5 per cent.
In terms of individual stocks, State Bank of India, Bajaj Finance, Bajaj Finserv, IndusInt Bank, L&T, Power Grid Corporation, Reliance Industries, Tata Motors, TCS, M&M were the gainers. HCL Technologies, Axis Bank, Nestlé India, Titan Company, ITC, Tech Mahindra, Maruti Suzuki, Hindustan Unilever, ICICI Bank and Sunpharma Industries were the decliners.