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Analysts expect status quo in the rate stance of the Reserve Bank of India, the rate-setting committee of which is meeting on Wednesday to decide on key policy rates. However, analysts expect a slightly hawkish tone on inflation from the RBI. However, any positive surprise, which is most unlikely, could trigger volatility in the shares of rate-sensitive sectors such as banking/NBFCs, automobiles and real estate. The RBI had last cut the rate in August 2017 to 6 per cent.
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