Stock Market Closed On Red Mark: After the increase of 50 basis points in the repo rate of RBI, there was a decline in the stock market. At the end of the day’s trading, the BSE 30-share Sensex slipped 215 points to end at 54,892, while the NSE Nifty slipped 60 points to close at 16,356.

Even before the results of the RBI’s MPC meeting on Wednesday, the third trading day of the week, there was a slight decline in the stock market, which increased further after the announcement of the increase in the repo rate.

At the end of trading, the 30-share Sensex of the Bombay Stock Exchange slipped 215 points to end at 54,892, while the Nifty of the National Stock Exchange slipped 60 points to close at 16,356. Earlier, the Sensex opened with a jump of more than 200 points. Talking about the last trading session, the 30-share Sensex of the Bombay Stock Exchange lost 568 points to close at 55,107, while the Nifty of the National Stock Exchange slipped 153 points to close at 16,416.