Stock Market LIVE: Sensex slips 360 pts; RBI holds repo rate, eyes higher inflation ahead

Sensex Today | Stock Market LIVE Updates, Friday: The RBI has raised its GDP growth forecast to 6.9 per cent for Q1FY27 and to 7 per cent for Q2FY27

11:24 AM

Stock Market LIVE Update: Broader markets decline post RBI MPC outcome

Stock Market LIVE Updates: The Nifty Midcap 100 and the Smallcap 100 indices were trading 0.82 per cent and 1 per cent down, respectively. 

 

11:20 AM

RBI MPC Meeting: Volatility in global financial markets, commodity prices poses downside risks to growth

RBI MPC Meeting: Meanwhile, headwinds from geopolitical tensions, uncertain global trade environment, volatility in global financial markets and international commodity prices continue to pose downside risks to the growth outlook, according to the Monetary Policy statement.

11:14 AM

RBI MPC Meeting: Merchandise exports may get boost from India's trade deals with US and Europe

RBI MPC Meeting: Merchandise exports will get a boost from India's trade deals with the US and European Union. The landmark comprehensive trade pact

with the European Union coupled with trade deals with New Zealand and Oman should also help diversify exports and strengthen the external sector, according to the Monetary Policy statement. 

11:08 AM

RBI MPC Meeting: Private consumption and fixed investment contributed to overall growth

RBI MPC Meeting : Private consumption and fixed investment contributed significantly to overall growth, Governor Malhotra said. Meanwhile, net external demand continued to be a drag as imports outpaced exports. On the supply side, real gross value added (GVA) growth of 7.3 per cent is driven by buoyant services sector, resilient agricultural sector, and revival in manufacturing activity.

"On the domestic front, real gross domestic product (GDP), as per the First Advance Estimates (FAE), is estimated to grow at 7.4 per cent Y-o-Y in 2025-26," Governor Malhotra said. 

 

11:00 AM

Stock Market LIVE Updates: 'RBI policy is neutral for banks and NBFCs'

Stock Market LIVE Updates: The Reserve Bank of India (RBI) has maintained a 'neutral' stance in its latest policy update, keeping the repo rate unchanged at 5.25 per cent, this was a unanimous decision by the MPC.

To support the financial system, the RBI intends to ensure sufficient liquidity and remain pre-emptive in its actions.
 

GDP growth for FY26 is projected at 7.4 per cent, bolstered by strong service sector performance and a supportive agricultural sector due to healthy rabi crops sowing and healthy reservoir levels. Additionally, GDP growth for Q1FY27 and Q2FY27 has been revised upward to 6.9 per cent versus 6.7 per cent earlier, and 7.0 per cent versus 6.8 per cent earlier, respectively.

Private consumption momentum is expected to sustain, while services exports to remain resilient.
 

The CPI for FY26 is projected at 2.1 per cent, while projections for Q1FY27 and Q2FY27 have been revised slightly upward to 4 per cent and 4.2 per cent, primarily due to the prices of precious metals. Core inflation is expected to remain range bound.

A new GDP and CPI series is expected to be released later this month.

We believe this is neutral for banks and NBFCs as far as the overall policy is concerned, though the RBI explicitly did not announce any OMO like measures to boost liquidity, as they want to ensure full transmission of measures taken earlier, but an assurance to pro-actively work towards ensuring sufficient liquidity is comforting.

Views by: Sameer Sawant, Research Analyst, Mirae Asset ShareKhan

10:51 AM

Stock Market LIVE Updates: 'Policy reduces tailrisks; bond yields to stay range-bound'

Stock Market LIVE Updates: The RBI MPC outcome reinforces the central bank's current balancing act, anchoring inflation expectations while remaining sensitive to growth risks. While the headline policy stance may appear incremental, the real impact lies in the RBI's forward guidance and its assessment of liquidity and inflation persistence.

By prioritising durable disinflation over near-term growth impulses, the Reserve Bank of India is signalling that policy credibility remains non-negotiable, even as global monetary conditions begin to ease unevenly.

 

From a market perspective, this clarity reduces tail risks rather than creating immediate upside. Bond yields are likely to stay range-bound as the Monetary Policy Committee avoids committing to an aggressive easing cycle, while ensuring adequate system liquidity to prevent financial conditions from tightening unintentionally.

For equities, the message is more nuanced. The absence of policy surprise shifts focus back to earnings quality, balance-sheet strength, and pricing power, especially in an environment where global growth remains uneven and capital flows are highly selective.

 

Sectorally, rate-sensitive pockets may see limited near-term relief, but the broader takeaway is stability. A predictable monetary framework lowers the cost of uncertainty, which is critical for long-term capital allocation. Over the medium term, this policy approach supports domestic cyclicals and private capex by keeping real rates positive but not restrictive, while discouraging excess leverage.

 

Overall, the MPC’s decision underscores a transition phase for Indian markets, where monetary policy becomes less of a catalyst and fundamentals reclaim centre stage. Investors are likely to reward consistency, cash-flow visibility, and resilience rather than momentum driven purely by liquidity expectations.

Views by: Sonam Srivastava, Founder and Fund Manager at Wright Research PMS

10:49 AM

Stock Market LIVE Updates: Nifty trades near day's low post RBI MPC policy outcome

Stock Market LIVE Updates: The Nifty was trading 0.5 per cent down at 25,511.30.

 

10:43 AM

RBI MPC Meeting LIVE: India’s forex reserves rise to record high of $723.8 billion

RBI MPC Meeting LIVE: India’s foreign exchange reserves rose to an all-time high of $723.8b in the week of January 30 from $709.41b in the week of January 23, according to the RBI. That provides an import cover of over 11 months, Gov Malhotra said during his speech.

10:39 AM

RBI MPC Meeting LIVE: 'Food supply prospects remain bright on the back of healthy kharif production'

RBI MPC Meeting LIVE: RBI Governor said, the near-term outlook suggests that food supply prospects remain bright on the back of healthy kharif production, adequate buffer stocks of foodgrains and favourable rabi sowing. Core inflation, barring potential volatility induced by prices of precious metals, is expected to be range-bound. Geopolitical uncertainty coupled with volatility in energy prices and adverse weather events are other possible upside risks to inflation.

10:37 AM

RBI MPC Meeting LIVE: Expert view on RBI monetary policy decision

RBI MPC Meeting LIVE: "The MPC's decision to hold the repo rate provides both stability and predictability for the real estate sector. With inflation being comfortably low and progress on the India-US trade agreement, stable policy rates are likely to support organic growth in the sector, offering long-term visibility to developers and investors. Moreover, the government’s continued push on capex-led infrastructure growth and the recent Budget’s emphasis on fiscal discipline, prudent expenditure management and a controlled fiscal deficit together strengthen the medium-term outlook for the sector."

 

-- View by Anshuman Magazine, chairman & CEO - India, South-East Asia, Middle East & Africa at CBRE

10:37 AM

Stock Market LIVE Updates: 'MPC's stance reinforces macro stability'

Stock Market LIVE Updates: MPC meeting underscores a calibrated approach that balances a resilient domestic growth outlook with a benign inflation environment.

Headline CPI remains well below the RBI's tolerance band of 2–6%, even after a gradual normalization from recent record lows, providing the central bank with policy space to prioritize growth stability. WPI has also turned positive after several months of contraction, led by firming manufacturing prices, signalling a mild pickup in cost pressures but not yet at levels that warrant a shift in the policy stance. Against this backdrop, the MPC’s decision to maintain the policy rate and retain a neutral stance reflects confidence that inflation is contained while growth momentum remains intact.

On the growth front, the RBI continues to see the Indian economy on a steady and improving trajectory. Real GDP growth for the current year is estimated at around 7.4%, supported by resilient private consumption and sustained fixed investment, while real GVA growth is projected at about 7.3%, driven by strong services activity and a revival in manufacturing. Looking ahead, the RBI has marginally revised up its growth projections for the first half of FY27, with GDP growth expected at 6.9% in Q1 and 7.0% in Q2, highlighting the strength of domestic demand even as external conditions remain challenging.
 

From a sectoral perspective, policy continuity is supportive for banking and financial services, as stable rates aid net interest margins and improve visibility on credit growth, particularly for PSU banks with strengthening balance sheets. Rate-sensitive sectors such as housing, automobiles and consumer durables stand to benefit from steady borrowing costs, while manufacturing, capital goods and infrastructure-linked sectors gain from policy predictability and ongoing capex momentum. Services remain the key growth engine, with medium-term support from recent trade agreements. Overall, the MPC’s stance reinforces macro stability, anchoring expectations and supporting a constructive medium-term outlook across sectors.

Views by: Anil Rego- Founder and Fund Manager at Right Horizons PMS

10:35 AM

MPC Meet LIVE: Preserving policy flexibility may allow RBI to act fast during global shocks: Green Portfolio

RBI MPC Meeting LIVE: The RBI’s decision to keep rates unchanged and maintain a cautious, data-dependent stance is a sensible move given lingering global uncertainties. Geopolitical risks, commodity price volatility and uneven global growth continue to cloud the external environment, even as India remains relatively well positioned. Preserving policy flexibility at this stage allows the central bank to respond swiftly should global shocks intensify, said Divam Sharma, co-founder and fund manager at Green Portfolio PMS. 

10:33 AM

RBI MPC Meeting LIVE: RBI to allow banks to lend to REITS

RBI MPC Meeting LIVE: RBI will release a discussion paper on safety of digital payments to protect consumers such as senior citizens along with rules regarding compensation of customers in case of small frauds. Additionally, the centreal bank will allow banks to lend to REITS.

 

10:32 AM

Stock Market LIVE Updates: 'RBI policy sensible; markets to focus on liquidity, future inflation'

Stock Market LIVE Updates: The RBI's decision to keep rates unchanged and maintain a cautious, data-dependent stance is a sensible move given lingering global uncertainties. Geopolitical risks, commodity price volatility and uneven global growth continue to cloud the external environment, even as India remains relatively well positioned. Preserving policy flexibility at this stage allows the central bank to respond swiftly should global shocks intensify.

 

On the domestic front, the growth engine remains resilient. Consumption trends are intact, services activity is healthy and credit growth continues to support investment momentum. GDP growth expectations remain strong compared with global peers, reinforcing India’s position as one of the more attractive large economies.

 

Inflation has edged up partly due to base effects, but it remains within the RBI’s comfort range. The central bank’s emphasis on vigilance is appropriate, particularly in light of risks from food prices, weather patterns and imported inflation pressures. By prioritising stability while keeping a close watch on evolving data, the RBI is signalling its commitment to anchoring inflation expectations without compromising growth.

 

Going ahead, markets are likely to focus on liquidity management and incoming inflation prints for cues on the future policy path. Overall, the outcome strikes a balanced note—supportive for investor confidence, constructive for medium-term equity markets, and reassuring for bond investors looking for macro stability.

Views by: Divam Sharma- Co Founder and Fund Manager at Green Portfolio PMS

10:29 AM

RBI MPC Meeting LIVE: KYC to be the theme of Financial Literacy Week 2026