Deepak DigiTech

Stock market today:-   After a weak opening in the early morning session, the Indian stock market witnessed a sharp upside move after the announcement of the RBI MPC meeting  outcome. The RBI Governor Shaktikanta Das surprised India Inc and Dalal Street enthusiasts by keeping the repo rate unchanged at 6.50 percent. As the market was expecting a 25 bps rate hike, key benchmark indices Sensex, Nifty, and Bank Nifty cheered this RBI policy meeting outcome and turned green within a few minutes.  After hitting an intraday low of 59,520, BSE Sensex today bounced back strongly and climbed to an intraday high of 59,914 levels. NSE Nifty today climbed to an intraday high of 17,617 levels after hitting an intraday low of 17,502 mark. The Nifty Bank index hit an intraday high of 41,259 from its lows of 40,820 levels. According to Stock market  experts, the market was expecting a 25 bps rate hike from the RBI MPC meeting  but RBI has preferred to grow instead of squeezing the money from the marke