---
title: "Nifty rebounds with bullish signal ahead of RBI decision"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288518847.md"
description: "The Nifty index rebounded by 100.95 points to close at 23,483.55, ending a four-session decline and signaling strong buying interest. A bullish Marubozu candlestick formed after bouncing from the 23,000–23,200 support zone, indicating positive short-term momentum. Investors are closely watching the upcoming RBI monetary policy decision, with expectations that rate-sensitive and IT sectors will remain active."
datetime: "2026-06-03T04:59:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288518847.md)
  - [en](https://longbridge.com/en/news/288518847.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288518847.md)
generator: "portal-rs"
---

# Nifty rebounds with bullish signal ahead of RBI decision

Market breaks slump: Nifty rose 100.95 points to 23,483.55, ending a four-session slide and signaling strong buying interest from lower levels. Technical boost: A bullish Marubozu candlestick formed after the index rebounded from the 23,200–23,000 support zone, suggesting positive short-term momentum. Policy watch: Investors remain focused on the RBI's monetary policy outcome, with expectations that rate-sensitive and IT sectors will stay active.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**