The Sensex is likely to open on a flat to positive note today.
The markets are likely to exhibited lacklustre movement ahead of the quarterly monetary policy review annoucement. As it is the markets expect a status quo policy review, anything other than this could suprise the markets.
Yesterday's low of 15,230 on the Sensex would be crucial on the downside, a breach of which could see the index slip to 15,150-15,000. On the upside, the index is likely to face resistance around 15,520.
The NSE Nifty is likely to face resistance around 4,600-4,615, above which the index may spurt up to 4,645. On the downside, the index is likely to find support around 4,545-4,530.
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