<p>Equity benchmark indices declined in early trade on Thursday as investors remained cautious ahead of the Reserve Bank of India's monetary policy review and weak trend in global markets.</p>.<p>The 30-share BSE Sensex fell 165.16 points to 59,524.15 after a weak beginning. The broader NSE Nifty declined 45.5 points to 17,511.55.</p>.<p>Among the Sensex firms, HCL Technologies, Axis Bank, Tech Mahindra, Maruti, Titan, ICICI Bank, Hindustan Unilever and Nestle were the biggest laggards.</p>.<p>Reliance Industries, Larsen & Toubro, IndusInd Bank, Power Grid, State Bank of India and Tata Consultancy Services were the winners.</p>.<p>In Asian markets, Seoul, Japan and Shanghai were quoting lower, while Hong Kong traded in the green.</p>.<p>The US markets ended mostly lower on Wednesday.</p>.<p>"Ahead of the RBI's monetary policy announcement in the next few hours time, markets are likely to start on a cautious note with a negative bias. The outcome is important as it comes at a time when central banks across the globe continue to tame red-hot inflation," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said in his pre-market opening comment.</p>.<p>The 30-share BSE benchmark surged 582.87 points or 0.99 per cent to settle at 59,689.31 on Wednesday. The Nifty jumped 159 points or 0.91 per cent to close at 17,557.05.</p>.<p>Meanwhile, global oil benchmark Brent crude dipped 0.88 per cent to $84.25 per barrel.</p>.<p>Foreign Portfolio Investors (FPIs) bought equities worth Rs 806.82 crore on Wednesday, according to exchange data.</p>
<p>Equity benchmark indices declined in early trade on Thursday as investors remained cautious ahead of the Reserve Bank of India's monetary policy review and weak trend in global markets.</p>.<p>The 30-share BSE Sensex fell 165.16 points to 59,524.15 after a weak beginning. The broader NSE Nifty declined 45.5 points to 17,511.55.</p>.<p>Among the Sensex firms, HCL Technologies, Axis Bank, Tech Mahindra, Maruti, Titan, ICICI Bank, Hindustan Unilever and Nestle were the biggest laggards.</p>.<p>Reliance Industries, Larsen & Toubro, IndusInd Bank, Power Grid, State Bank of India and Tata Consultancy Services were the winners.</p>.<p>In Asian markets, Seoul, Japan and Shanghai were quoting lower, while Hong Kong traded in the green.</p>.<p>The US markets ended mostly lower on Wednesday.</p>.<p>"Ahead of the RBI's monetary policy announcement in the next few hours time, markets are likely to start on a cautious note with a negative bias. The outcome is important as it comes at a time when central banks across the globe continue to tame red-hot inflation," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said in his pre-market opening comment.</p>.<p>The 30-share BSE benchmark surged 582.87 points or 0.99 per cent to settle at 59,689.31 on Wednesday. The Nifty jumped 159 points or 0.91 per cent to close at 17,557.05.</p>.<p>Meanwhile, global oil benchmark Brent crude dipped 0.88 per cent to $84.25 per barrel.</p>.<p>Foreign Portfolio Investors (FPIs) bought equities worth Rs 806.82 crore on Wednesday, according to exchange data.</p>