Stock market today, June 6 -- The domestic benchmark indices, Nifty 50 and Sensex, on Friday, were muted as investors awaited the Reserve Bank of India's (RBI) policy announcement, which is widely expected to include a rate cut.
The Nifty 50 decreased by 0.02% to reach 24,746.95, whereas the Sensex fell by 0.09% to 81,381.77 at 9:25 IST.
The RBI is anticipated to lower its key lending rate by 25 basis points for the third consecutive time. The policy decision is set to be announced at 10:00 a.m. IST.
Although a 25 basis point reduction seems likely, market participants will pay close attention to the statement regarding inflation, economic growth, and future rate trajectories, noted market experts.
Other Asian markets remained lacklus...
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