The stock market was bullish today i.e. on 5 June. Sensex closed at 81,442 with a gain of 444 points. Nifty also rose by 130 points. It closed at 24,750. Out of 30 Sensex stocks, 20 rose and 10 fell. IT, FMCG and metal stocks saw a rise. At the same time, shares of auto and government banks declined. Mixed business in Asian markets Second day of Reserve Bank’s monetary policy meeting Today is the second day of the Monetary Policy Committee (MPC) meeting of the Reserve Bank (RBI). According to experts, the Monetary Policy Committee can cut the repo rate by 0.25% this time too. That is, loans can become cheaper in the coming days. On June 6 at 10 am, RBI Governor Sanjay Malhotra will give information about the decisions taken in this meeting. In the two meetings held before this, a cut of 0.50% has already been made. Due to this the repo rate has come down to 6%. There are 6 members in MPC. Out of these 3 are from RBI while the rest are appointed by the central government. The market was bullish yesterday The stock market was bullish today i.e. on 4th June. The Sensex closed at 80,998 with a gain of 260 points. Nifty also closed at 24,620 with a gain of 78 points. Out of 30 shares of Sensex, 19 rose and 11 fell. Metal, auto, banking and IT shares witnessed a bigger rise. Realty shares fell by 0.70%.
