The Indian stock market, including the Sensex and Nifty 50, closed with losses on February 7, despite a 25 bps rate cut by the Reserve Bank of India, marking the third consecutive session of losses.
As per provisional closing, the barometer index, the S&P BSE Sensex, declined 197.97 points or 0.25% to 77,860.19. The Nifty 50 index lost 43.40 points or 0.18% to 23,559.95.