- Equity benchmarks closed marginally lower ahead of RBI policy. A CNBC-TV18 poll sees no change in policy rates.
- The 30-share BSE Sensex declined 45.86 points to 24824.83 and the 50-share NSE Nifty dropped 7.60 points to 7555.95.
- The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.6 percent and 0.3 percent, respectively. About 1422 shares advanced against 1264 declinnig shares on the BSE.
- ICICI Bank crashed 5.6 percent. SBI, Maruti Suzuki, Axis Bank, HUL and Bank of Baroda were down 2-4 percent while Adani Ports, Coal India, Bharti Airtel, Cipla, L&T, Yes Bank and ACC gained 2-4 percent.