Sensex down 117 pts, Nifty at 23,367 following RBI policy decision

The domestic share market traded with marginal losses in a volatile session on Friday after Reserve Bank of India (RBI) maintained the repo rate at 5.25% and retained the 'neutral' stance.At close, the Sensex was down 116.67 points or 0.16 percent at 74,243.34, and the Nifty was down 49.85 points or 0.21 percent at 23,366.70.According to information, RBI lowered its FY27 GDP growth forecast to 6.6% from around 6.9%, while it raised its inflation forecast to approximately 5.1%.For the week, BSE Sensex and Nifty50 indices shed 0.7 percent each.
Adani Enterprises, Hindustan Unilever, Adani Ports, Bajaj Finance, and Axis Bank were the top gainers on the Nifty, while losers included Hindalco Industries, Wipro, Trent, Coal India, and TCS.On the sectoral front,the Media index outperformed with a gain of 3.5%. PSU Banks, Realty, Consumer Durables, and Healthcare indices also advanced about 0.5% each. On the other hand, Energy, IT, Metal, Oil & Gas, and Telecom indices declined between 0.5% and 1.5%. The broader market showed a mixed trend. The Nifty Midcap Index ended about 0.3% lower, while the Nifty Smallcap Index closed largely flat.
Rupee Close:
On 5 Jun'26, the Indian rupee appreciated 81 paise to close at 94.94 against the US dollar on Friday after the Reserve Bank announced measures to support foreign capital inflows and strengthen forex liquidity.Forex traders said the announcements in the RBI policy boosted investor sentiments after the apex bank asserted that the country's forex reserves provide a sufficient buffer against external shocks.
Trading Guide:
Market experts recommended five shares to buy on Friday: Astra Microwave Products, Bliss GVS Pharma, MTAR Technologies, Honasa Consumer, and Krishna Institute Of Medical Sciencs.

(Business Correspondent)