The Sensex and Nifty 50 are expected to open lower, following signals from the GIFT Nifty, which is showing mild declines. On December 6, both indices ended with small losses in a volatile session. The Nifty closed below 24,700 after the RBI kept the repo rate unchanged and cut the CRR to improve liquidity. The Sensex fell by 0.07% to 81,709.12, while the Nifty lost 30.60 points, or 0.12%, ending at 24,677.80.
This week will be busy, with traders waiting for the November CPI data and major IPOs, including Vishal Mega Mart and Mobikwik. Key stocks to watch today include Paytm, Godrej Consumer, and Ceat.
#StockMarket #Sensex #Nifty #Paytm #GodrejConsumer #Ceat #RBI #IPO #CPI #IndianMarket
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