Sensex and Nifty50 are likely to open higher today – All eyes on Rbi

Live stock market updates

: India’s BSE Sensex and NSE Nifty50 equity indices are expected to start the final session of the week in the green, with the RBI’s Monetary Policy Committee expected to announce a decision on key interest rates later today. Singapore Stock Exchange (SGX) Nifty futures – an early indicator of the Nifty index – rose 58 points or 0.3% to 17,455 before the opening bell. Analysts in a CNBC-TV18 poll expect the RBI to announce a hike in the repo rate – the key rate at which it lends money to commercial banks – on Friday, after already raising the era rate. COVID by 90 basis points since May.

First post: STI

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