The BSE Sensex surrendered early gains to trade over 137 points lower in opening trade as investors remained on the sidelines ahead of RBI's monetary policy review meeting beginning today.
RBI's second bi-monthly monetary policy meeting of 2018-19 will be held from June 4-6.
The 30-share index fell 137.60 points, or 0.39 per cent, to 35,089.66.
Similarly, the NSE Nifty declined by 48 points, or 0.44 per cent, to trade at 10,696.20
Disclaimer: No Business Standard Journalist was involved in creation of this content