The benchmark Sensex was marginally in the red amid a choppy trade on first day of a week, dragged down by financial, auto, metal and Anil Dhirubhai Ambani Group companies' shares at 10:58 hours.
Heavyweights TCS and Reliance Industries too were adding some pressure, with falling 0.5% each. Shares of country's third largest software services exporter Wipro fell more than a percent. Rate sensitives were taking beating ahead of RBI policy meet on May 3. Anand Tandon, CEO, JRG Securities said that unless the bank pulls a surprise and hikes rates more than 50 basis points, there wonDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
