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Stocks to Watch: Airtel reported a 91.5 per cent year-on-year rise in consolidated net profit; Adani Green Energy's consolidated net profit more than doubled to Rs 103 crore in Q3

Photo: Bloomberg
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Photo: Bloomberg

Harshita Singh New Delhi
Equity benchmark indices are looking to open higher on Wednesday with the Street awaiting the Reserve Bank of India's (RBI) policy outcome. At 7:30 am, the SGX Nifty futures were quoting around 70 points higher near 17,800 level. 

The RBI is widely expected to raise rates by a modest 25 basis points following a gradual decline in the CPI imprint for November and December to below 6 per cent. Some experts believe the bank may halt the rate hike cycle after today's increase.  

Globally, US equity benchmark indices closed up to 2 per cent higher overnight after Fed chief Powell

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