The benchmark BSE Sensex was trading down by 78.86 points in late morning deals due to selling in rate-sensitive stocks ahead of the key RBI policy announcement.


Investors were awaiting RBI policy outcome due later in the day during market hours, a broker said. Buying interest in index heavyweights like energy and IT sectors cushioned the losses.


The 30-share index was trading lower by 78.86 points or 0.24 per cent at 32,723.58 at 1045hrs. The broader Nifty was trading below the key 10,100-level, down by 33.30 points or 0.33 per cent at 10,084.95. -- PTI