Rate-Sensitive Stocks Trade Higher Ahead Of RBI Policy

Rate-sensitive stocks are trading higher, in a firm market, ahead of the Reserve Bank of India (RBI)'s policy announcement. The RBI Governor Shaktikanta Das will announce decisions of the Monetary Policy Committee (MPC) in an address to the media at 10:00 am. At 9:20 am, the NSE banking and auto indices edged higher up to half a per cent each ahead of the announcement.