Indian Stock Market Closes Lower; Sensex Dips 213 Points Ahead of RBI Policy Announcement

Benchmark domestic equity indices today logged losses. The 30-share index at the Bombay Stock Exchange, Sensex, dipped 213 points, or 0.27 percent, to close at 78,058. Similarly, the National Stock Exchange Nifty-50 fell 93 points, or almost 0.4 percent, to settle at 23,603. In the broader market indices at BSE, the Mid-Cap index shed over 0.8 percent while the Small-Cap index ended flat. Meanwhile, investors are awaiting the RBI’s Monetary Policy Committee meeting outcome scheduled for tomorrow.