Key facts
- Indian stock markets are trading higher, extending gains for a second day.
- Investors are keenly watching the Reserve Bank of India's Monetary Policy Committee meeting.
- Analysts expect the RBI to hold interest rates but signal future hikes.
- The policy decision is expected to influence banking, auto, and real estate sectors.
Indian stock markets are trading higher today, with the Sensex and Nifty extending their gains for a second consecutive day. Investors are keenly focused on the upcoming outcome of the Reserve Bank of India's (RBI) Monetary Policy Committee meeting. Market analysts widely expect the RBI to maintain current interest rates but anticipate that the committee might signal potential future rate hikes. This policy decision is expected to have a significant influence on key sectors such as banking, automotive, and real estate.