BSE Sensex and Nifty50, the Indian equity benchmark indices, ended in red today. While BSE Sensex went below the 77,600 mark, Nifty50 was below 23,500 intraday.

While the monetary policy committee reduced the repo rate to 6.25 per cent as expected, volatility remained in the market

The Nifty 50 has dropped 4.4 per cent since the last policy meeting in December, impacted by weak corporate earnings and a slowing economy.