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======================================================== The Indian stock market opened lower this morning, with investors treading cautiously ahead of RBI's monetary policy review. Interest rate sensitive bank, automobile and realty stocks are among the prominent losers in opening trades.
The Sensex is down 102 points or 0.4% at 25,296.85.The Nifty50 is down 32.30 points or 0.4% at 7726.50. Indian markets on Tuesday opened lower tracking weak Asian market cues. The benchmark Sensex and Nifty are down 0.33% trading at 25308 and 7733 levels.
Important event to watch out for stock market participants is the RBI's monetary policy review where the central bank is expected to slash the policy rate by 0.25 basis points. A surprisingly 0.5 basis point cut in rates coupled with a highly accommodative monetary approach by the RBI in its meeting today may push the markets higher.
======================================================== The Indian stock market opened lower this morning, with investors treading cautiously ahead of RBI's monetary policy review. Interest rate sensitive bank, automobile and realty stocks are among the prominent losers in opening trades.
The Sensex is down 102 points or 0.4% at 25,296.85.The Nifty50 is down 32.30 points or 0.4% at 7726.50. Indian markets on Tuesday opened lower tracking weak Asian market cues. The benchmark Sensex and Nifty are down 0.33% trading at 25308 and 7733 levels.
Important event to watch out for stock market participants is the RBI's monetary policy review where the central bank is expected to slash the policy rate by 0.25 basis points. A surprisingly 0.5 basis point cut in rates coupled with a highly accommodative monetary approach by the RBI in its meeting today may push the markets higher.
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