Indian equities slip as RBI raises repo rate; TCS, Adani Enterprises, Ola Electric in focus

Indian stock markets declined as the Reserve Bank of India raised the repo rate by 25 basis points. The Nifty 50 index closed down 0.76%, encountering resistance near the 22,800 level amid the rate hike decision.

Several major companies are drawing investor attention with significant corporate developments. Tata Consultancy Services, Adani Enterprises, Ola Electric, and HCL Tech are among the key stocks being watched. Other firms including Jubilant FoodWorks and Bank of Baroda also reported notable updates affecting market sentiment.