India’s stock benchmarks set to open flat after 7-session losing run

(Reuters) -India’s equity criteria are preparing to change very little after falling for seven flat sessions, while a walk of the Central Bank on Wednesday, the warning is valid before the Wednesday decision of the H -1B visa fee.

Gift Nifty Futures, at 07:44 am IST, was traded with 24.694.5 points, which shows that Nifty 50 will be opened at the closing of 24.634.9 on Monday.

Both Nifty and BSE Sensex lost about 3.1% in the last seven sessions, the longest lost lines in about seven months. However, in September, it increased by 0.85% and 0.7% in September by helping the government’s previous gains arising from tax deductions to increase internal consumption.

“Prior to the Monetary Policy Committee (MPC) meeting, permanent foreign funding outlets and warning continue to focus on emotion.” He said.

After selling $ 6 billion in the last two months, the FPIs dropped their shares of India worth $ 2.55 billion in September.

The focus of the Indian Reserve Bank’s monetary policy decision, which will be held on Wednesday, expects about three -quarters of economists in the Reuters survey to remain unchanged.

However, some large banks marked the possibility of a cut by specifying risks to growth. A deduction reduces borrowing costs, removes consumption and increases institutional gains and increases domestic stocks.

“Although we believe that there is a limited scope for any changes in the repo rate in this policy, there is a market view, a ratio deduction will be guaranteed,” Sabnavis said, ” He said.

Stocks to be monitored

** Tata Steel signs the Pact with the Dutch government to switch to low -carbon emission steel production in the Ijmuiden plan

** Bharat Electronics won 10.92 billion rupees.

** PTC India Financial Services

** Markets Regulator Bars Man Industries and three of the top executives, three of which claim to be accessed to securities markets

(Reporting by Bharath Rajeswaran in Bengaluru;