Equity indices in positive zone, auto and realty stocks look up

Equity benchmark indices traded higher during early hours on Wednesday following gains in global markets. Meanwhile, investors awaited the outcome of Reserve Bank of India's six-member Monetary Policy Committee (MPC) meet to see if it will cut key interest rates again a day later after keeping status quo in the previous policy. At 10:15 am, the BSE S&P Sensex was up by 183 points to 40,972 while the Nifty 50 ticked up by 52 points at 12,032. Most sectoral indices at the National Stock Exchange were in the green with Nifty realty up by 1.7 per cent and auto by nearly 1 per cent. Among stocks, Tata Motors accelerated by 4.4 per cent at Rs 173.05 per share while Mahindra and Mahindra was up by 1.8 per cent and Bajaj Auto by 1.6 per cent. Reliance Industries continued its Tuesday's pace and was up by 1.3 per cent at Rs 1,444.55 per share.