India's stock market indices Sensex and Nifty settled in negative territory on Friday, February 07, 2025. The 30 companies index fell around 200 points to close at 77,860 levels. While, the broader constituent gauge also settled in red at 23,559 points. Banking shares pull Sensex down Among the Sensex pack, stocks like ITC, SBI, Adani Ports, ICICI Bank, TCS, RIL, Power Grid, Bajaj Finance, HDFC Bank, Infosys, Nestle, Tata Motors, etc were the major losers. Nifty FMCG, Nifty PSU Bank register biggest loss Among the National Stock Exchange’s (NSE) thematic indices, Nifty FMCG and Nifty PSU Bank fell the most. While, interest rate sensitive realty and auto stock gauges of Nifty closed in the positive territory. Decline in Asian markets, rise in the US market RBI’s forecasts indicate continued moderation in inflation: Lemonn Markets The Reserve Bank of India (RBI) reduced the repo rate by 0.25% to 6.25% at the Monetary Policy Committee (MPC) meet on Friday. The apex bank also forecasted lower inflation going forward. Online investment platform for stocks and ETFs, Lemonn Markets, Satish Chandra Aluri, said, "RBI’s forecasts indicate continued moderation in inflation." The RBI governor Sanjay Malhotra also said that the MPC decided to keep neutral stance. On this Chandra said, "Emphasis on supporting growth while maintaining the “neutral” stance gives them the flexibility to address potential inflation concerns with an eye towards global developments like trade war." Unabated FIIs selling According to the NSE data, on February 06, foreign investors (FIIs) sold shares worth ₹3,549.95 crore . In return, domestic investors (DIIs) bought shares worth ₹2,721.66 crore. As of February 06, the overseas investors' selling had stood at ₹81,774 crore, in the current calendar year.Original Article