Markets wait for RBI decision, Sensex listless
Ahead of a likely interest rate hike by the Reserve Bank of India, Indian equities markets today were placid as traders waited for the quantum of increase to be revealed.business Updated: Jul 27, 2010 11:49 IST
Ahead of a likely interest rate hike by the Reserve Bank of India, Indian equities markets on Tuesday were placid as traders waited for the quantum of increase to be revealed.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,998.74 points, was ruling at 18,030.35 points, 10.3 points or 0.06 percent up from its previous close at 18,020.05 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was trading at 5,417.6 points, down 0.02 percent from its previous close at 5,418.6 points.
Broader markets indices were also in a slump, with the BSE midcap index 0.16 percent up and the BSE smallcap index flat.
Capital goods and realty scrips came under selling pressure while auto and IT scrips were on the rise.