Sensex gains over 180 pts, Nifty firmly above 9900 ahead of RBI meet

Epic Update RBIEpic Update RBI

Investors continued buying activity hours before the RBI’s monetary policy committee (MPC) announces its decision on key interest rates.

The Sensex was up 185.09 points at 31682.47, while the Nifty was up 59.50 points at 9919.00. The market breadth was positive as 1,449 shares advanced against a delcine of 887 shares, while 97 shares were unchanged.

Sun Pharmaceuticals, ITC and Dr Reddy’s Laboratories gained the most on both indices, while Bharti Airtel, ICICI Bank and Coal India lost the most.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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