Markets Turn Flat Ahead Of RBI Policy; Rate-Sensitive Banking, Auto Stocks Subdued ndtv.com

The rate-sensitive stocks are trading virtually unchanged as they seek direction from the policy statement. The BSE Bankex is flat at 35,461 and BSE auto is also quiet at 18,263. In the BSE Banking index, SBI, ICICI Bank and HDFC Bank are trading flat at Rs 310, Rs 537 and Rs 1239 respectively. And in the auto space, Maruti Suzuki and M&M are unchanged at Rs 7040 and 584 respectively. Tata Motors has, however, slid 4 per cent at Rs 176.