Overview

• RBI’s Monetary Policy Committee trimmed the repo rate by 50 basis points to 5.5% and cut the cash reserve ratio, injecting about ₹2.5 trillion of liquidity into the banking system.
• Sensex jumped roughly 747 points to close at 82,188.99 and Nifty climbed 252.15 points to finish at 25,003.05, marking a third consecutive session of gains.
• Foreign institutional investors turned net buyers, acquiring around ₹1,009.7 crore of equities, while domestic institutional investors extended their buying streak to 14 sessions with ₹9,342.5 crore of inflows.
• Technical strategists project the Nifty to test the 25,500 level and see Bank Nifty pushing toward 58,700 as bullish momentum persists.
• Investors are closely watching India’s retail inflation data, the progress of the monsoon season and developments in US-India trade negotiations for further market direction.