Indian markets ended the day on a positive note after the RBI kept the repo rate unchanged at 5.25%.
Sensex gained around 0.5% to close near 78,847.
Nifty 50 remained largely flat to slightly positive around the 24,600 mark.
Realty and Auto stocks outperformed, while Banking stocks traded sideways. Midcap and Smallcap indices continued their strong momentum and touched fresh highs.
The broader market continues to show strength, so focus on stocks with strong momentum rather than the index. Keep an eye on Bank Nifty, as its participation will be important for the next leg of the rally.
Sensex gained around 0.5% to close near 78,847.
Nifty 50 remained largely flat to slightly positive around the 24,600 mark.
Realty and Auto stocks outperformed, while Banking stocks traded sideways. Midcap and Smallcap indices continued their strong momentum and touched fresh highs.
The broader market continues to show strength, so focus on stocks with strong momentum rather than the index. Keep an eye on Bank Nifty, as its participation will be important for the next leg of the rally.