BSE Sensex and Nifty50, the Indian equity benchmark indices, ended in red today. While BSE Sensex went below the 77,600 mark, Nifty50 was below 23,500 intraday.

While the monetary policy committee reduced the repo rate to 6.25 per cent as expected, volatility remained in the market

The Indian stock market on Friday closed in the red as investors continue to assess the Reserve Bank of India (RBI)'s Monetary Policy Committee decision to cut the repo rate by 25 basis points (bps).