Equities open flat ahead of RBI policy review outcome

Mumbai Oct 4 (IANS) Key Indian equity indices opened on a flat note on Wednesday as investors remained cautious ahead of the monetary policy review outcome of the Reserve Bank of India due later during the day.

Around 9.17 a.m. the wider Nifty50 of the National Stock Exchange (NSE) rose mere 4.05 points or 0.04 per cent to trade at 9 863.55 points.

The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 522.17 points traded at 31 488.77 -- down 8.61 points or 0.03 per cent.

The Sensex has so far touched a high of 31 541.54 points and a low of 31 476.20 points.

On Tuesday the benchmark indices surged to close on a higher note as positive global cues coupled with healthy buying in automobile consumer durables and oil and gas stocks lifted investors sentiments.

The Nifty50 rose by 70.90 points or 0.72 per cent to close at 9 859.50 points while the Sensex closed at 31 497.38 points -- up 213.66 points or 0.68 per cent.

--IANS
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