Stock market news, Dec. 5 -- The Indian stock market closed with a cautious tone on Thursday, influenced by the RBI's policy announcement. The Sensex and Nifty 50 saw slight increases of 0.19% and 0.18%, reaching 85,265 and 26,033 respectively.
The markets largely traded within a narrow range as investors awaited the repo rate decision from the RBI Monetary Policy Committee scheduled for December 5.
Experts noted that most market participants were anticipating a 25 basis point rate cut; however, robust GDP figures and mixed signals from global markets kept investors from making significant moves.
The depreciation of the rupee past 90 per USD, reaching a new all-time low, added further pressure. Rising yields on Japanese bonds raised fe...
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