IB Times
The BSE building illuminated on Independence Day, 2015 (Representational image).Ritesh Mehta

The S&P BSE Sensex and the NSE Nifty did not see major gainers or losers on Monday as investors preferred to wait and watch for the second quarter GDP numbers to be released by the central government.

Many analysts expect the figure to be around 7.3%, better than the 7% growth recorded in the first quarter this financial year. The economy had grown at 8.4% in the second quarter in the previous financial year.

The Sensex was 26,138 points, up 0.04%, while the NSE was down 0.11% at 7,933.60.

Tata Motors, Bajaj Auto, ICIC Bank, Maruti Suzuki and Cipla were trading higher on the BSE, while Bharati Airtel, HDFC, Sun Pharma, Vedanta and Coal India were trading at a loss on the Bombay Stock Exchange (BSE).

The GDP numbers will be followed by the policy review meeting on 1 December by the Reserve Bank of India, when the governor Raghuram Rajan is widely expected by analysts to maintain the repo rate at 6.75%.

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