Sensex Recovers From Day's Low, Nifty Crosses 22,650 As RBI Hikes FY27 GDP Projection
· Business · Business Standard, Reuters, LiveMint
The Reserve Bank of India raised its GDP growth projection for the financial year 2027 during the Monetary Policy Committee meeting. Following the announcement, domestic equity markets recovered from early losses with the BSE Sensex moving up from its intraday low. The NSE Nifty50 index crossed the 22,650 mark as market sentiment improved. Trading opened lower following a two-day market rally before recovering ground. The central bank policy stance remains a key focus for investors tracking economic indicators.
Why it matters
The GDP growth projection upgrade and RBI policy decisions directly influence borrowing costs, market liquidity, and investor sentiment across Indian financial markets.
Read the original report — Business Standard
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