Sensex hovers on a flat line ahead of RBI policy; broader markets outpace

Latest News – The benchmark indices on Wednesday were trading flat ahead of Reserve Bank of India (RBI)’s monetary policy meeting due later in the day. Globally, Asian markets dipping below their four-month highs also sapped investor confidence.

At 10:10 am, the S&P BSE Sensex was trading at 28,329, down 6 points, while the broader Nifty50 was ruling at 8,770, up 2 points.

In the broader market, the BSE Midcap and BSE Smallcap indices outperformed the frontline indices to quote 0.5% and 0.4%, respectively.

“Nifty has to sustain above 8,740 zones to witness buying interest towards 8,820 and then 8,880 zones, while on the (Read More)

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