Benchmark indices opened marginally lower on Friday morning, with the Nifty 50 starting at 24,759.55 from its previous close of 24,836.30 and trading at 24,787.60, down 48.70 points or 0.20 per cent, at 10.25 am.
The Sensex opened at 80,684.14 against its previous close of 80,983.31 and was at 80,866.04, lower by 117.27 points or 0.14 per cent, as the subdued opening came despite positive momentum from the Reserve Bank of India’s recent monetary policy outcome that kept the repo rate unchanged at 5.5 per cent while upgrading growth projections.
“The central bank held the repo rate steady at 5.5 per cent but struck a growth-supportive tone by trimming its inflation forecast for FY26 to 2.6 per cent from 3.1 per cent and upgrading GDP growth outlook to 6.8 per cent from 6.5 per cent