Mumbai, Feb. 7 -- Stock market constituents expecting an outsized rate cut, a shift in monetary policy stance and comments on durable liquidity were left disappointed on Friday after the Reserve Bank of India's Monetary Policy Committee meeting.

The MPC's25 basis point rate cut-its first in nearly five years-fell below the expectations of certain quarters.

The Nifty 50 ended the day's trading lower by a fifth of a percent at 23,559.95 points while the Sensex settled a fourth of a percentage point lower at 77,860.19. Foreign portfolio investors, or FPIs, sold shares worth a provisional Rs.470.39 crore and retail investors on BSE offloaded equity worth Rs.198 crore, per the stock exchange.

This offset provisional buying of Rs.454.20 cror...