Stock Market Sentiment: Will RBI’s policy shift influence equity markets? Here's what experts say

India’s benchmark indices, the BSE Sensex and NSE Nifty 50, fell sharply on Wednesday despite the Reserve Bank of India (RBI) slashing the repo rate by 25 basis points (bps) to 6 per cent in its first Monetary Policy Committee (MPC) meeting of the fiscal year 2025-26. However, the market has rebounded after a day's holiday, with the 30-share BSE benchmark jumping 1,210.68 points to 75.05783 and NSE Nifty gaining 388.35 points to 22,787.50 in the early trade. 

Business