Sensex, Nifty likely to open weak; Sun Pharma, Eicher Motors, Bharti Airtel, Axis Bank in focus
The Indian market is set for a weak start on Tuesday, tracking its Asian peers as investors remain doubtful of the US-China trade war getting resolved before the 90-day deadline.
Investor sentiment remained mixed in India as the fifth Reserve Bank of India (RBI) Monetary Policy Committee meeting will start on Tuesday. According to a poll conducted by CNBC-TV18, the RBI will keep its repo rate unchanged at 6.50 percent in the upcoming policy.
At 07:15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.28 percent at 10,907.50, indicating a weak opening for the Indian market.