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Sensex rises 285 points and Nifty gains 114 points as TCS leads IT stocks higher. Brent crude stays above $100 amid US-Iran tensions and inflation risks.
Indian equities opened lower after the RBI raised the repo rate and changed its stance to calibrated tightening. IT stocks led by TCS resisted the sell-off, but high crude prices and foreign outflows kept pressure on sentiment.
Sensex and Nifty fall in early trade as RBI signals more tightening. See the laggards, IT winners, Fed minutes, crude and FPI flows and the key Nifty levels today.