Market Wrap: Sensex, Nifty close lower despite RBI’s neutral policy on rates

October 9, 2024

Indian equity indices Sensex and Nifty experienced gains throughout the day but reversed course in the last hour, closing lower on Wednesday, despite the central bank easing its policy stance to ‘neutral’, opening the door for rate cuts in the coming months.

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SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with

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