First Trade: Sensex opens at 80,755, up 45 Points; Nifty flat at 24,652 ahead of RBI policy

Market Opening Bell: Indian equities opened on a cautious note Wednesday ahead of the Reserve Bank of India’s policy outcome, even as global cues remained weak. The BSE Sensex opened at 80,755.05, up 44.80 points or 0.06%, while the NSE Nifty edged higher by 3.10 points to 24,652.65.

Market breadth was narrowly positive, with 119 stocks advancing, 96 declining, and 25 remaining unchanged in early trade.

Top Nifty gainers included Shriram Finance, Bharti Airtel, Asian Paints, Maruti Suzuki, and Trent. On the flip side, Coal India, Cipla, Tech Mahindra, TCS, and Hero MotoCorp led the losses.

Investors are likely to remain in wait-and-watch mode until the RBI’s Monetary Policy Committee (MPC) announces its decision later today, with expectations largely tilted toward a status quo on rates.