The domestic equity market experienced deep losses on Thursday, ending a two-day gaining streak. The Nifty50 closed below the 21,750 mark after reaching a high of 22,011.05 earlier in the day. Private banks and heavyweights like ITC saw steep selloff. The volatility was triggered by the Reserve Bank of India's decision to maintain key interest rates, putting pressure on interest rate-sensitive sectors such as banks, financial services, and autos. Uncertainty surrounding potential interest rate reduction weighed on sentiment. However, some losses were offset by strength in IT and oil & gas stocks. Read The Rest at :