Indian benchmark indices Sensex and Nifty traded lower on Thursday ahead of the RBI MPC meet outcome. Banking, finance, and auto sectors contributed to the decline. This happened before the Reserve Bank of India’s policy announcement. The RBI is expected to cut rates. Some stocks like Ashoka Buildcon saw gains. Other sectors showed mixed performance in early trading.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets