Indian markets closed volatile, with IT, energy, and auto stocks weighing sentiment. Amid GST-triggered expectations and rate-related moves, select counters such as Atul Auto, Moschip, DOMS, and ITC saw gains, while Ola Electric, Delta Corp, and Nazara ended lower. Traders remained focused on how policy signals translate into near-term demand.
After an eight-day losing streak, the Nifty and Sensex finally closed higher, lifted by private banks, auto, and IT. Sun TV, Netweb, Tata Motors, Pfizer, and HUDCO jumped sharply, while Hyundai and Indian Bank fell. Traders pointed to the RBI’s neutral policy stance as the catalyst for a sudden, uneven market reaction.
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