Markets cautious ahead of RBI's monetary policy
CARE Ratings expects status quo in the policy stance but retains its forecast of a possible 25 bps rate cut in April’17 Annual Monetary policy and another 25 bps during the course of FY18 provided inflation remain benign.
Sensex was trading at 28,346.83, above 11.67 points or 0.04% and that of Nifty was at 8,775, higher by 6.70 points or 0.08%. Photo: IANS