Sensex, Nifty lose initial gains, close in red post RBI's status quo on rates

Mumbai (Maharashtra) [India], October 9 (ANI): Benchmark equity indices Sensex and Nifty50 ended the day in negative territory on Wednesday, reversing recent gains as market sentiment shifted with RBI announcing status quo on rates.

The Sensex closed 167.71 points down, at 81,467.10, while the Nifty50 dropped 31.20 points, settling at 24,981.95.

Out of the Nifty companies, 31 showed advances and 19 recorded declines. Nota