Business
Stock Market Updates: Sensex Down 131 Points In Pre-Open, Nifty At 24,604; RBI MPC Decision In Focus
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Indian equities are poised for a subdued start on Wednesday as investors remain cautious ahead of the Reserve Bank of India’s MPC
Stock market Today
Indian equities are poised for a subdued start on Wednesday as investors remain cautious ahead of the Reserve Bank of India’s (RBI) policy announcement scheduled for 10 a.m. At 7:17 a.m., GIFT Nifty futures were trading 12 points lower at 24,767, signaling a soft opening for domestic markets.
Most economists expect the RBI to hold rates steady, though some anticipate a rate cut. A poll revealed that while the majority forecast a status quo, a few—including the State Bank of India (SBI)—project an additional 25-basis-point (bps) reduction in the repo rate.
Global Cues
Asian markets opened on a mixed note following overnight gains on Wall Street. Japan’s Nikkei slipped 1.01 per cent, while South Korea’s Kospi was down 0.95 per cent. Chinese markets remained closed for the National Day and Mid-Autumn Festival holidays.
On Wall Street, all three major indices ended Tuesday’s volatile session higher despite lingering concerns over a potential US government shutdown, which could delay key economic data releases and complicate the Federal Reserve’s rate policy outlook.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
October 01, 2025, 09:12 IST
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