From Nasdaq:

Indian shares may open positively on Wednesday with the RBI holding its MPC meeting and weekly options expiry due this week. The RBI is expected to keep rates unchanged due to high inflation. Sensex and Nifty rose 0.6 and 0.7 percent respectively, rupee ended at 83.055 against the dollar. Asian markets are higher, gold held steady, the dollar and yields dipped. Oil edged up after EIA predicted steady U.S. output through 2025. U.S. stocks eked out modest gains, and European stocks closed on a firm note, indicating economic headwinds in Europe may not be as bad as feared.



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