The Indian stock market opened with cautious optimism today, reflecting a balance between economic challenges and potential policy interventions. The Sensex started higher at 80,529.20, while the Nifty opened at 24,367.50. Investors are focusing on the upcoming Reserve Bank of India’s Monetary Policy Committee meeting, with expectations of a status quo on rate cuts due to inflationary pressures. Key gainers included Adani Ports and Shriram Finance, while ITC and Bharti Airtel were among the top losers. Market experts suggest that the weak GDP growth figures have already been priced in, and the market is now looking ahead to potential policy responses.
Posted inMarket News