OPENING BELL: Equity benchmark indices opened higher as investors awaited the Reserve Bank of India’s interest rate decision. Experts widely anticipate the RBI’s monetary policy committee to raise repo rates by 25 basis points to 6.5 per cent.
The BSE Sensex started 200 points higher at 60,494 , while the NSE Nifty gained 67 points to reach 17,788 level.
Ultratech Cement, HCL Tech, Infosys, TCS, Wipro, Axis Bank, Bajaj twins and SBI were the top
Sensex winners that gained up to 1 per cent, while Adani Ports, Adani Enterprises and SBI life led gains on the
Nifty.
On the flip side, Bharti Airtel, Hero Moto, Cipla, Eicher Motors and Maruti were the top drags, down up to 2 per cent.
The broader
markets also opened in green. The BSE MidCap and SmallCap indices were up to 0.4 per cent higher.
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