MUMBAI: The Indian benchmark indices opened in the green zone on Tuesday, as investors keep their focus on Reserve Bank of India’s (RBI) monetary policy decision.
As of 9.20 am, the Sensex was up 301 points, or 0.38 per cent at 80, 666 and the Nifty advanced 93 points, or 0.38 per cent at 24, 728.
The broad cap indices, Nifty Midcap 100 and Nifty Smallcap 100, inched up 0.32 and 0.29 per cent, respectively. Titan Company, Asian Paints, Cipla, Hindalco were among the major gainers on the Nifty pack, while losers include Tata Motors, Tech Mahindra and Dr Reddy's Labs.
Among sectoral indices, Nifty Consumer Durables, the top gainer, advanced 0.59 per cent. Nifty Private Bank (up 0.43 per cent) and Nifty Metal (up 0.56 per cent) were other major gainers. All indices except Nifty Media were in the green zone.
Analysts said that the Nifty 50 opened on a positive note in the previous session but slipped below 24, 650, closing in the red for the eighth straight day—reflecting sustained selling pressure.