Sensex, Nifty Likely To Open Flat Today; RBI Policy In Focus

INSUBCONTINENT EXCLUSIVE:
Domestic stock markets are likely to start Thursday's session on a flat note, ahead of the outcome of the Reserve Bank of India's sixth
bi-monthly policy statement of the current financial year
The Singapore Exchange (SGX) Nifty futures - an early indicator of the National Stock Exchange (NSE) Nifty index in India - edged 36.5
points lower to 12,063.50 ahead of the opening of Indian markets before turning flat
At 8:30 am, the SGX Nifty futures were down 9.00 points - or 0.07 per cent - at 12,091.00.The six-member Monetary Policy Committee headed by
RBI Governor Shaktikanta Das is widely expected to maintain the status quo on key lending rates in its sixth bi-monthly statement of
deadly coronavirusThe death toll from a new coronavirus in mainland China jumped by 73 to 563 on Thursday, its third consecutive record
daily rise, as experts intensified efforts to find a vaccine for a disease that has shut down Chinese cities and forced thousands more into
quarantine around the world.On Wednesday, the domestic markets continued their rally for the third straight day, with the S-P BSE Sensex
points - or 0.91 per cent - from its previous close.