Indian benchmark indices likely to see a negative start on October 8, tracking GIFT Nifty, which was trading lower at around 22,541 in early trade.
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Indian benchmark indices ended lower in a volatile session, snapping their two-day winning streak after the RBI raised the repo rate by 25 bps to 5.50%, its first hike since February 2023, and shifted its stance to calibrated tightening.
At close, the Sensex was down 429.11 points or 0.59 percent at 72,638.70, and the Nifty was down 173.05 points or 0.76 percent at 22,603.05.
Broader indices ended mixed, with the Nifty Midcap index falling 0.6%, and the smallcap index gaining 0.3%.