Indian equities markets quiet ahead of monetary policy
May 3rd, 2011 - 11:53 am ICT by IANS
Mumbai, May 3 (IANS) A benchmark index for Indian equities markets was flat in the morning session Tuesday ahead of the release of the monetary policy.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,979.31 points, was ruling at 18,982.88 points, down 15.14 points or 0.08 percent from its previous close at 18,998.02 points.
The Reserve Bank of India is set to present its monetary policy for this fiscal at 11 a.m. Tuesday amid ample hints of another rate hike, which would be the ninth in 15 months, to tame inflation that still remains above comfort levels.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange was also trading lacklustre at 5,693.35 points, down 0.14 percent.
Broader markets were lacklustre as well with the BSE midcap index 0.24 percent up and the BSE small cap index up 0.17 percent.
- Sensex tanks as India's central bank hikes rates (Lead) - May 03, 2011
- Sensex closes 474 points down, rate hike hits markets (Third Lead) - May 03, 2011
- Selling intensifies at Indian markets after rate hike (Second Lead) - May 03, 2011
- Indian markets quiet ahead of monetary policy - Jan 23, 2012
- Sensex closes 463 points down, rate hike hits markets (Roundup) - May 03, 2011
- Sensex continues to trade lacklustre, RIL soars (Lead) - Jan 18, 2012
- Sensex continues to trade listless (Lead) - Jun 09, 2011
- Sensex dull in early trade - Jan 27, 2011
- Sensex closes flat amid volatility (Second Lead) - Jan 06, 2012
- Sensex slips sharply in afternoon trade - Dec 16, 2011
- Sensex closes 0.5 percent lower (Second Lead) - Jan 19, 2011
- Sensex closes 137 points lower amid rate hike fears (Roundup) - May 02, 2011
- Indian equities markets flat, capital goods in the red (Lead) - Apr 29, 2011
- Sensex ends 25 points lower (Lead) - Jun 24, 2010
- Sensex ends 36 points down (Second Lead) - Jan 15, 2010
Tags: 15 months, bank of india, benchmark index, bombay stock exchange, bse, cap index, lacklustre, monetary policy, morning session, national stock exchange, rate hike, reserve bank of india, sensex, sensitive index, small cap, tame inflation