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MarketBuzz Podcast with Reema Tendulkar: Sensex, Nifty to open steady; HDFC AMC, SBI, Telecom stocks in focus

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Indian markets are likely to open steady on Thursday ahead of the announcement of the Reserve Bank of India’s bi-monthly monetary policy later in the day.

Indian markets are likely to open steady on Thursday ahead of the announcement of the Reserve Bank of India’s bi-monthly monetary policy later in the day.
The central bank is expected to cut key repo rate by 25 basis points.
At 7:15 am, the SGX Nifty was trading 10 points or 0.08 percent lower at 12,084.50, indicating a mildly negative start for the Sensex and Nifty50.
Among the stocks in the news today, SBI approved selling 8.25 percent stake in UTI AMC while Bharti Airtel approved raising of $3 billion.
Stocks To Watch Today: Telecom, HDFC AMC, ICICI Bank, SBI among others
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