Equity benchmark indices, the BSE Sensex and NSE Nifty50, settled in negative territory on Thursday after the Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, decided to keep the repo rate unchanged at 6.5 per cent for the ninth consecutive time.
The BSE Sensex shed 581.79 points, or 0.73 per cent, to 78,886.22, while the NSE Nifty50 fell 180.50 points, or 0.74 per cent, to 24,117.
On the BSE, 25 out of 30 constituent stocks of the Sensex settled in the red, with Asian Paints, Infosys, and JSW Stell being the top drags, falling up to .56 per cent.
The fear index, India VIX, ended 2.67 per cent higher at 16.60 points.
The broader indices settled lower, with Nifty Next 100, and Nifty 100 being the top laggards, losing 0.79 and 0.74 per cent, respectively. Midcap and Smallcap shares also ended in the red.
Among the sectoral indices, IT, Metal, and OMC were the worst hit, experiencing losses of up to 1.90 per cent.