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Investors on D-Street might adopt a more cautious approach to trade in today s session ahead of the start of the Federal Reserve policy meeting and amid fast-rising Covid cases. Tepid cues from global peers could also keep sentiment subdued. Although, Reserves Bank of India s latest economic readings which point to a minimal impact from the second Covid wave on the economy could help soothe investors nerves. At 7.40 am, SGX Nifty was ruling 2 points up at 14,490. India for the sixth day in a row reported cases over 3 lakh, while mortalities shot past the 2,000 mark for the seventh straight day. Meanwhile, taking stock of the economic situation, the Reserve Bank of India on Monday said India s economic activity has held up well against the recent spike in Covid-19 cases. Apart from contact-intensive sectors, activity indicators largely remained resilient in March and grew beyond pre-pandemic levels on the back of strong momentum rather than statistical base effects, it add

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