Domestic indices unchanged ahead of RBI policy decision

Indices had a muted open on Wednesday, ahead of a widely expected interest rate hike by the Reserve Bank of India, though investors will focus on the outlook the central bank provides on its fight against domestic inflation. The Nifty 50 index was down 0.04% at 18,635.50, as of 9.16am, and the sensex fell 0.03% to 62,606.41.

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