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Stock Market LIVE Updates
: Indian equity benchmarks BSE Sensex and NSE Nifty50 fell on Thursday amid a negative trend across global markets, a day after the RBI announced a 50-bps hike in the key lending rate along expected lines. Losses in financial, IT and FMCG shares pulled the headline indices lower, though gains in oil & gas scrips lent some support. Broader markets weakened, with the Nifty Midcap 100 and Nifty Smallcap 100 indices falling almost half a percent in morning deals. Globally, investors awaited updates from central bank meetings for more clarity on the impact of worsening inflation on interest rates and economic growth.
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