BSE Sensex and Nifty50, the Indian equity benchmark indices, ended in red today. While BSE Sensex went below the 77,600 mark, Nifty50 was below 23,500 intraday.

The stock market went into the red upon opening as trading began on Friday, February 7, the day the new Reserve Bank of India (RBI) governor Sanjay Malhotra is set to announce the interest rate decision of the Monetary Policy Committee (MPC).

The Indian benchmark indices, Sensex and Nifty opened flat on Friday, as investors awaited the Reserve Bank of India’s (RBI) monetary policy decision. With economic growth slowing and the government having already cut personal income tax to boost consumption,