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GIFT Nifty Indicates Flat Start as Market Awaits RBI MPC Decision
Market sees muted opening amid anticipation for RBI MPC decision, with volatility expected.
GIFT Nifty trades flat at 26,185.50, signaling a muted opening for Indian indices as investors await the RBI's Monetary Policy Committee (MPC) outcome on interest rates and liquidity measures. With heightened expectations surrounding policy clarity, the market anticipates volatility. The Sensex closed at 85,265.32, up 158 points, while Nifty ended at 26,033.75. Brent crude saw a 0.94% increase, reaching $63.26 per barrel, while WTI stayed steady at $59.66.