Benchmark indices were in the red as investors may have booked profits from the previous rally and looked to remain cautious ahead of RBI’s policy meet outcome.Polls indicate that the central bank will hold key rates, but the focus would be on the RBI’s commentary and stance.
The Sensex was down 111.47 points at 29862.77, while the Nifty was down 35.80 points at 9229.35. The market breadth was negative with 1,100 shares having advanced against a decline of 1,269 shares, while 130 shares were unchanged.BHEL, Bajaj Auto and Indian Oil were top gainers, while Adani Ports, HUL and Hindalco lost the most. Any info visit : www.paceresearchindia.com & call : 8817774774
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