Stock market today, May 28 -- India's main stock indexes started the day relatively unchanged on Wednesday, as investments in large block transactions and the primary market balanced out the benefits from positive global sentiment.
The Sensex dropped by 200.32 points to reach 81,351.31 in early trading, while the Nifty 50 fell by 61.2 points to settle at 24,765.
Market analysts observed that encouraging signals from the US markets, a weak dollar, and lower gold prices will create a favourable macroeconomic environment for the equity markets today.
The MPC is highly likely to reduce policy rates by 25 basis points during the policy meeting on June 6th. As a result, rate-sensitive sectors will be in focus in the upcoming days.
Sagar Dos...
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