Markets
open slightly higher as investor’s attention focused on RBI
monetary policy decision on April 4.
At
10.20am, the Sensex was trading at 38,906.91, up 35 points,
meanwhile, the broader Nifty rose 9 points to 11,678. The Nifty
Midcap index gained 0.35 and the Smallcap index rose 0.4%.
Eicher
Motors, PowerGrid, Bharti Airtel, Tata Motors and SBI were the top
gainers on Nifty while Bajaj Auto, BPCL, Ultratech, Grasim and HCL
Tech were the top laggards on the index.
Nifty
sectorally, banking sectors dragged with Nifty Bank down 0.5%. On the
other hand Nifty Auto, Nifty IT, Nifty Realty and PSU Bank gained.
Shares
of Hero MotoCorp trade higher1.06% at Rs 2,585.65 even after
company total sales in March decreased 26% year on year basis
Meantime Infosys up 0.68% and TCS up 0.64% ahead of their earnings announcement earnings on 12 April.
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