Sensex, Nifty likely to open little changed ahead of RBI policy; Tata Motors, Mindtree in focus

Episode 228,   Apr 03, 2019, 02:43 AM

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.