RBI Hikes Repo Rate; Indian Stocks Fall, Focus on Adani, TCS, Ola
Indian equities declined after the Reserve Bank of India raised the repo rate by 25 basis points. The Nifty 50 index closed down 0.76%, struggling at the 22,800 resistance level. Key corporate updates from Adani Enterprises, Tata Consultancy Services, Ola Electric, and HCL Tech drew investor attention. Jubilant FoodWorks and Bank of Baroda also reported notable developments.
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