Markets to track RBI policy meet and F&O settlement

Hyderabad : Amidst flow of news from Eurozone, the US and corporate results, markets eked out gains to close on an optimistic note during the week ended. On the BSE the Sensex ended 160 points higher at 18,722 and the Nifty on the NSE with 53 points gain closed at 5,644. The lower food inflation numbers and renewed buying from FIIs on Friday were the positives. A flurry of reforms like CoS approving 51 per cent FDI in multi-brand retailing and approval of RIL-BP FDI deal may enthuse markets.