Majority Of Experts Expect The RBI To Maintain Status Quo

The 30-share BSE Sensex was up 109.21 points at 31,299.77 and the 50-share NSE Nifty rose 27 points to 9664.15.

Majority of experts expect the RBI to maintain status quo. RBI's commentary would be closely watched.

According to LKP, the central bank is likely to hold key rates even as the government is making a case for a lower interest regime citing low inflation.

The broader markets outperformed benchmarks, with the BSE Midcap and Smallcap indices rising over half a percent. About two shares advanced for every share falling on the BSE.

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