Stock markets climb ahead of RBI’s monetary policy decision
- On Friday, June 5, 2026, the 30-share BSE Sensex dropped 116.67 points to 74,243.34, while the 50-share NSE Nifty slipped to 23,366.70 as markets ended with a negative bias.
- Early trading saw the Sensex rise more than 300 points, but profit booking wiped out initial gains and led to the market's decline throughout the day.
- The Reserve Bank of India kept the repo rate unchanged at 5.25 per cent while lowering the GDP growth forecast to 6.6 per cent for fiscal year 2026-27 and raising the inflation forecast to 5.1 per cent.
- Enrich Money CEO Ponmudi R said fundamental global pressures weigh on Indian markets, with petrol prices rising approximately 7.4 per cent and diesel 8.4 per cent amid Middle East tensions and energy crisis.
- Market volatility remains high with prices sensitive to global headlines and broader outlook as the RBI navigates risks from supply-chain disruptions and elevated energy prices threatening stability.
12 Articles
12 Articles
Share Market Crash: Despite positives at the policy level, the market could not recover. After the RBI policy announcement, the market saw volatility and then the Sensex slipped more than 700 points from its intra-day high, while the Nifty 50 also fell below 23,300. Know the four main reasons for the fall in the market - share market crash, Sensex slips over 700 points from day high, Nifty below 23300, RBI downward revision, inflation, GDP growt…
Market Closing Bell: Sensex drops 116 points, Nifty ends at 23,366 post RBI MPC's announcement - Here's why
Benchmark indices Sensex and Nifty end the session on a mildly negative note on Friday, June 5, 2026, after the Reserve Bank of India (RBI) delivered a widely expected status quo on interest rates. The 30-share BSE Sensex dropped 116.67 points or 0.16 per cent, to settle at 74,243.34. The 50-share NSE Nifty slipped 49.85 points, or 0.21 per cent, to end at 23,366.70. During the day, the BSE hit a high of 74,717.57 and a low of 73,988.75, gyratin…
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