Sensex, Nifty consolidate ahead of RBI MPC meet; HDFC down 2%

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Benchmark indices were seen consolidating ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting on Thursday.

The Sensex was down 12.08 points at 29898.14, while the Nifty was up 2.50 points at 9240.35. The market breadth remained healthy as 1,747 shares advanced against a decline of 689 shares, while 106 shares were unchanged.

Adani Ports, Tata Steel and Bharti Infratel were among the top gainers, while HDFC and Mahindra & Mahindra lost the most on both indices.

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