RBI Rate Cut Fails to Spark Market Rally: Sensex, Nifty Remain Flat

In a surprising turn of events, Indian stock markets showed muted response to the Reserve Bank of India's (RBI) first rate cut in nearly five years. The Sensex and Nifty traded flat on February 7, 2025, despite the central bank reducing the repo rate by 25 basis points to 6.25%. While realty and metal stocks gained, FMCG stocks remained sluggish. Analysts attribute the tepid market reaction to pre-existing expectations of the rate cut and ongoing global economic uncertainties.

 

Source: MoneyControl, Fortune India, New Indian Express