Stock Market Today: Nifty 50, Sensex snap 7-day winning streak; mid, smallcaps outperform; RBI MPC outcome in focus
Bank of India (RBI) and the US Fed. The three-day policy meeting of the Reserve Bank of India's Monetary Policy Committee (MPC) is underway and its outcome is due on Friday, December 8.
The US Federal Reserve is set to announce its policy outcome next week on Wednesday, December 13. Also Read: US Fed, RBI gear up for their last policy meet of the year; will a pause continue? When to expect rate cuts? Nifty 50 today opened at 20,932.40 against the previous close of 20,937.70 and touched its intraday high and low of 20,941.25 and 20,850.80 respectively.
The index finally closed the day at 20,901.15, down 37 points, or 0.17 per cent. On the other hand, the Sensex opened at 69,694.15 against the previous close of 69,653.73 and touched its intraday high and low of 69,695.33 and 69,320.53 respectively.
The 30-share index ended 132 points, or 0.19 per cent, lower at 69,521.69. (More to come)Milestone Alert!
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