Indian benchmark indices are expected to open on a positive note after the Reserve Bank of India kept the repo rate unchanged at 5.25% and raised its FY27 economic growth forecast. GIFT Nifty indicated a firm opening, while investors welcomed the RBI’s confidence in domestic demand despite global uncertainties. The previous session also saw continued buying by foreign institutional investors, adding strength to market sentiment.
Going ahead, investors will monitor corporate earnings, foreign fund flows and global developments. Analysts believe sectors such as banking, capital goods and infrastructure could remain in focus as long as inflation stays under control and crude oil prices remain subdued.
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