Domestic market ended in red on the last day of the week due to selling pressure. Moreover, the RBI's policy statement, which is to release next week created additional pressure on banking stocks and indices, dragging them down. Experts feel that the central bank will go ahead with the 25 basis points hike in key rates but if the rates are hiked by 50 bps, then the market sentiment will get hugely impacted.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!