New Delhi, June 4, 2024 - Indian stock markets experienced a mixed performance today, with a slight upward movement after a period of consolidation. The Sensex closed up by 266 points, while the Nifty managed to stay above 24,600.
The market's current behavior is largely influenced by anticipation surrounding the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting. Experts suggest that the market may continue to trade sideways for the next couple of days.
The outcome of the MPC meeting, expected on June 6, is expected to significantly impact market direction.