Sensex, Nifty trade flat ahead of RBI policy

Domestic markets opened almost flat, in positive on Thursday ahead of RBI’s MPC meet outcome. BSE benchmark Sensex opened 57.38 points, or 0.09 per cent higher at 63,200.34, while broader NSE Nifty gained 15.60 points, or 0.08 per cent to 18,742.

By 9.30 am, Sensex gained 74.23 points, or 0.12 per cent to 63,217.19, Nifty rose 19.85 points, or 0.11 per cent to 18,746.25.

Broader markets also extended the rally as Nifty Microcap 250 rose 0.42 per cent, Nifty Midcap 100 gained 0.18 per cent, while Nifty Midcap 50, Nifty Midcap 250 and Nifty Midsmallcap 400 climbed 0.17 per cent each.

Sectorally, the metal index gained 0.92 per cent, Nifty PSU Bank rose 0.39 per cent, Nifty Consumer Durables jumped 0.32 per cent, while the auto index was up 0.29 per cent.

NTPC, JSWSteel, Power Grid, Hero MotoCorp, ONGC, Tata Motors, Adani Enterprises and Tata Steel were the top gainers in the opening trade.

On the other hand, Kotak Mahindra Bank, BPCL, Apollo Hospitals, Eicher Motors, TCS, Sun Pharma, Axis Bank and HCLTech were the top losers.