Sensex, Nifty Open Flat; Investors Cautious Ahead Of RBI Policy

Equity benchmarks began off Wednesday's exchange on a mindful note in front of result of two-day money related strategy panel meeting due later in the day.

The 30-share BSE Sensex was up 20.75 points at 28355.91 and the 50-share NSE Nifty increased 0.80 points at 8769.10. Infosys, Wipro, BHEL, Hero Motocorp, TCS, ITC, Axis Bank, Hero Motocorp and UltraTech Cement were early failures while Tata Steel, Tata Motors, HUL, Sun Pharma, NTPC, Hindalco, Tech Mahindra and Cipla were gainers.

The Indian rupee has opened insignificantly higher at 67.38 for every dollar today versus past close of 67.41. NS Venkatesh of Lakshmi Vilas Bank says the energy about the rupee over most recent two weeks was ended yesterday.
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