Sensex Closes Slightly Down
2026-06-05 10:59
By
Luisa Carvalho
1 min. read
India’s BSE Sensex gave up some early gains to close about 0.2% down at 74,243 on Friday, as investors weighed the RBI's cautious outlook, foreign investor outflows and geopolitical uncertainties.
The RBI unanimously kept the repo rate unchanged at 5.25% and maintained a “neutral” stance, while raising its inflation forecast and cutting its GDP growth projection for the current financial year.
Meanwhile, the central bank also announced measures aimed at improving foreign investor participation and easing tax-related frictions in the bond market.
Sector-wise, weakness in technology and metal stocks was offset by gains in financial stocks and selected heavyweights.
Technology stocks remained under pressure throughout the session, led by TCS (-1.9%) and Tech Mahindra (-1.2%).
Other top losers included Trent (-2.2%), Tata Steel (-1.8%) and NTPC (-1.3%).
Conversely, Bajaj Finance (1.8%), Axis Bank (1.7%) and ICICI Bank (0.8%) were among the top gainers.
For the week, the index shed 0.7%.