Stocks to Watch Today: The BSE Sensex and the NSE Nifty are likely to start trade for the week on a tepid note amid mixed global cues, with focus largely on the upcoming RBI policy meet on Wednesday. As of 07:10 AM, the SGX Nifty futures quoted at 16,510 as against the spot Nifty close of 16,584 on Friday.
According to a poll conducted by Business Standard, a majority of the participants expect the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) to raise the policy rate, or the repo rate, by 50 bps to 4.9