Indian markets today edged lower in early trade with Sensex down about 100 points and Nifty falling below 11,500. The rupee today strengthened to 70.37 against the US dollar as compared to its previous close of 70.56. "We feel the upcoming RBI monetary policy review meet could trigger the next directional move. The RBI is widely expected to cut interest rates when it announces monetary policy on Friday. Further FPI inflows into India will also be influenced by how the economy performs and how soon corporate earnings recover, say analysts.

Source: Mint September 30, 2019 03:45 UTC