Sensex, Nifty likely to open little changed ahead of RBI policy; Tata Motors, Mindtree in focus
The Indian market is likely to open little changed on Wednesday as investor await the outcome of the Reserve Bank of India’s monetary policy meeting on Thursday. According to a CNBC-TV18 poll, RBI is expected to cut the key repo rate by 25 basis points. India's manufacturing growth fell to a six-month low in March due to weak demand. At 07:20 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.08 percent at 11,797.00, indicating a mixed start for the Sensex and Nifty.