Indian benchmark equity indices opened on a positive note despite inflation print for March coming more than market expectations.

Retail inflation for March came at 6.95 per cent, which has been above RBI's upper tolerance band of 6 per cent for three consecutive months since January.

At 10.30 am, Sensex was trading at 0.069 percent or 40.35 points up at 58,616.72 points, whereas Nifty was trading at 0.035 percent or 6.20 points up at 17,536.50 points.

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Notably, Wednesday's session is the last active trading day of this week. Equity markets will be closed on Thursday and Friday on account of Dr. Baba Saheb Ambedkar Jayanti/Mahavir Jayanti and Good Friday, respectively.

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A man walks past a screen displaying news of markets update(File Photo)Reuters

For fresh cues, investors will keep an eye on Q4 earnings of India Inc.