Indian markets witnessed profit booking in today's trading session after five days of gains. The markets are still hovering around their all-time highs.
Indian markets faced major decline in many weeks as stocks tumbled and US dollar jumped against INR. Markets would look towards global cues as tension between Iran and United States escalated.
RBI has not changed repo-rate in its bi-monthly policy review. Markets were expecting 25 basis points rate cut but now the expectations have been delayed by two months.