Apr 16, 2012, 03.21 PM IST
SENSEX-INFLATION-ICICI-BANKS-RBI-RATE:BSE Sensex flat; all eyes on inflation data
WPI is expected to come in at 6.70 percent from a year ago, under the 6.95 percent recorded in February, according to a Reuters survey.
The inflation data will set the mood ahead of the Reserve Bank of India's policy meeting, with analysts widely expecting a 25 basis point cut in the repo rate, though some traders predict the central bank could cut the cash reserve ratio instead.
State Bank of India rose 1.7 percent, while real estate developer DLF gained 1.3 percent.
Those gains were offset by continued falls in software services exporters, with Infosys down 0.4 percent and Tata Consultancy Services
The country's main 30-share BSE index was trading down 0.05 percent, while the 50-share NSE index fell 0.03 percent.
(Reporting by Manoj Dharra; Editing by Rafael Nam)
The BSE Sensex and NSE Nifty started off trade with 0.4% gap down on first day of the week, tracking negative global cues.
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