Pre-market: Sensex to open in green ahead RBI policy meet 07/04/2015

The BSE’s 30-share bellwether index- Sensex is expected to open in green on Tuesday tracking positive cues from the global markets. Later, the direction of Indian benchmark indices will be decided by the Reserve Bank of India policy meet today. Experts believe that the central bank will maintain the status quo through not announcing any change in the existing interest rates. In the overnight trading, US markets ended higher, following which Asian markets started their trading session with a positive start. Japan’s Nikkei 225 was trading at 19,620, up by 222 points; China’s Shanghai Composite was at 3,909, up by 45 points; Taiwan Index was also trading up by nearly 45 points at 9,645; and Singapore’s Straits Times was at 3,469; up by 16 points. Back home, the BSE SENSEX closed at 28504.46, up by 244.32 points or by 0.86 per cent and the NSE’s wide-based Nifty closed at 8659.9, up by 73.65 points or by 0.86 per cent in the previous trading session.