Indian equities opened on a mixed note as investors remained cautious ahead of the Reserve Bank of India’s policy announcement at 10 AM. While the majority of economists expect the RBI to hold rates steady, some anticipate the possibility of a cut.
At 9:40 hours, the 30-share benchmark index was trading at 80404.75 up by 137.13 points or by 0.17 % and then NSE Nifty was at 24637.95 up by 26.85 points or by 0.11 %.
Sensex touched intraday high of 80436.91 and intraday low of 80159.9 The NSE Nifty touched intraday high of 24661.85 and intraday low of 24605.95
The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 1631.80,+2.31%), Mahindra & Mahindra Ltd. (Rs. 3463.50,+1.08%), Mahindra & Mahindra Ltd. (Rs. 1414.45,+1.05%), Tata Motors Ltd. (Rs. 687.20,+0.99%), Reliance Industries Ltd. (Rs. 1374.15,+0.76%), among others.
The top losers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 985.75,-1.29%), Eternal Ltd. (Rs. 322.65,-0.88%), Bajaj Finserv Ltd. (Rs. 1990.30,-0.83%), Asian Paints Ltd. (Rs. 2334.15,-0.68%), Bharti Airtel Ltd. (Rs. 1867.60,-0.55%), among others.
Realty index was at 6839.91 up by 99.78 points or by 1.48%. Godrej Industries Ltd. (Rs. 2020.00,+2.53%), Prestige Estates Projects Ltd. (Rs. 1545.00,+2.36%), Lodha Developers Ltd. (Rs. 1157.60,+1.87%), DLF Ltd. (Rs. 724.25,+1.55%), Oberoi Realty Ltd. (Rs. 1603.75,+1.31%),.
TECk index was at 16467.12 down by -28.35 points or by -0.17%. LTIMindtree Ltd. (Rs. 5090.00,-1.28%), Coforge Ltd. (Rs. 1580.00,-0.68%), Infosys Ltd. (Rs. 1433.90,-0.57%), Bharti Airtel Ltd. (Rs. 1867.60,-0.55%), Bharti Hexacom Ltd. (Rs. 1644.00,-0.46%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3222 , shares advanced were 2236 while 850 shares declined and 136 were unchanged.