By Admin 
RBI Monetary Policy Impact on Stock Market: There is pressure in the Indian stock market for the last few days. This decline continued even today i.e. on 6th February. Both the major benchmark indices BSE Sensex and NSE Nifty 50 opened trading in the red. However, after some time some recovery was seen. But the selling phase started once again.
Due to huge fall in shares of IT sector, IT index fell by 2.09 percent. Besides, Nifty Bank index has also slipped by 0.63 percent. Today it has been decided not to make any changes in the monetary policy of RBI. Despite this, its positive effect is not visible on the market. Let us know about the reason for this decline in the stock market…..
RBI monetary policy
The Reserve Bank of India presented its monetary policy review on 6 February. In which no change was made in the interest rates. This decision was in accordance with the expectations of the market, because it was already believed that this time also the rates would be kept stable.
However, experts believe that if RBI had cut the repo rate by 25 basis points, it could have given more positive signals to the stock market.
Effect of decline in American market
Along with the Indian market, a decline was also seen in the American stock market on February 5. Where major indices remained under pressure for the third consecutive day. The biggest reason for this weakness is believed to be the decline in the technology sector.
Especially there was huge pressure on the shares of chip manufacturing companies that day. During this period, Amazon shares fell by about 10 percent. The effect of this decline in the American market is clearly visible on most of the Asian stock markets including India on February 6.
Constant pressure in IT sector
There has been continuous weakness in IT stocks in the Indian market for the last few days. A sharp decline has also been recorded in the shares of big IT companies like TCS and Infosys. Due to this weakness, there is an atmosphere of concern among the investors in the IT sector.
According to analysts, the new AI tools introduced by Anthropic may have an impact on the business of IT companies. For this reason selling has increased in this sector.
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