The RBI Monetary Policy outcome could create minor volatility in the market on February 8, according to analysts. And, hint of a rate cut in near future from Governor Shaktikanta Das may set off a fresh rally in equities
Investors may choose a wait-and-watch strategy. Banking, finance and consumer durables are likely to profit from stable interest rates, while technology, healthcare, and utilities will be less affected, analysts said
BSE Sensex opened 354.97 points, or 0.49 per cent higher at 72541.10 while Nifty 50 inched 115.60 points, or 0.53 per cent at 22045.00. Nifty Bank edged higher by 0.56 per cent.