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Analysts said a cut in the GDP growth forecast for FY22 is all likely. To give growth a chance, the six-member MPC is expected to maintain the status quo on the policy rate and maintain an accommodative stance, despite the prevailing inflation worries, they said.
RIL, Sun Pharma, Lupin, Tata Power, Rossari to remain in focus
Stocks to watch out for today: RIL, Gujarat Gas, Pan Electronics, Smruthi Organics, Paten Engg, and NCC
Focus on automobile stocks as their monthly sales figures are to be released from today
Sensex and Nifty ended marginally lower on Tuesday amid profitbooking and positive cues from global markets. Sensex ended 2.56 points lower at 51,934, while the broader Nifty slipped 7.95 points or 0.05 per cent to 15,574.