India, Feb. 4 -- Indian shares look set to open on a sluggish note Monday after Federal Reserve Chair Jerome Powell said in an interview on Sunday that policymakers will likely wait beyond March to cut interest rates.
Closer home, the RBI's Monetary policy committee convenes on Thursday, with the central bank expected to keep rates on hold for the sixth time in a row.
SBI shares may fall today after the state-run lender reported Q3 profit that came in below estimates.
Meanwhile, Paytm refuted reports claiming that it may face an investigation from the Enforcement Directorate (ED) on charges of money laundering by Paytm Payments Bank.
Asian markets were broadly lower this morning despite China's securities regulator pledging to stabilize...