India\u2019s equity market is showing signs of a pullback after facing a brutal selling spree for eight straight sessions.<\/p>\n
Following the outcome of the latest RBI\u2019s monetary policy committee (MPC) meeting and dovish tone of its members, the market broke its losing streak with the benchmark indices – BSE Sensex and NSE Nifty – gaining about 1% each during the week.<\/p>\n
The Nifty settled the Friday session at 24,894.25 and the Sensex at 81,207.17.<\/p>\n
\u201cThe RBI\u2019s policy decision was the central highlight of the week,\u201d said Ajit Mishra \u2013 SVP, Research, Religare Broking. The MPC kept the repo rate unchanged at 5.5% for the second consecutive meeting, while revising the FY26 GDP growth projection upward to 6.8% and lowering its inflation forecast.<\/p>\n
On the positive side, GST collections rose 9.1% year-on-year to Rs 1.89 lakh crore in September, highlighting resilient consumption trends.<\/p>\n
\u201cThe market enters the new week with cautious optimism. The RBI\u2019s supportive policy stance and strong GST collections offer domestic comfort, though volatility could persist due to FII outflows and global headwinds. Investors should closely track Q2 earnings, particularly from IT and banking heavyweights, for cues on sectoral leadership. A buy-on-dips strategy remains advisable, with a preference for domestic cyclicals such as metals, autos, financials, and themes like defense, while selectively adding from other sectors,\u201d stated Mishra.<\/p>\n","protected":false},"excerpt":{"rendered":"India\u2019s equity market is showing signs of a pullback after facing a brutal selling spree for eight straight…\n","protected":false},"author":3,"featured_media":279836,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[35336,64,55618,9106,135,5669,67,132,68],"class_list":{"0":"post-279835","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-bse-sensex","9":"tag-business","10":"tag-equity-market","11":"tag-market","12":"tag-markets","13":"tag-nifty","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115322439855234871","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/279835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=279835"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/279835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/279836"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=279835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=279835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=279835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}