Barometers tumble in early trade; breadth negative
IST, the barometer index, the S&P BSE Sensex, shed 29.99 points or 0.04% to 78,019.19. The Nifty 50 index fell 6.75 points or 0.03% to 23,596.60.
Shares likely to open higher
The Nifty 50 is projected to open higher, following a 46.50-point increase in the GIFT Nifty February 2025 futures contract.
RBI MPC meeting 2025: RBI likely to cut repo rate. When and where to watch? Expectations, other details
The new RBI Governor Sanjay Malhotra will announce the MPC's interest rate decision on Friday, February 7, 2025.