Live: Sensex, Nifty edge higher ahead of RBI policy meet

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9:35am: The 30-share S&P BSE Sensex is currently trading higher by 112.47 points, or 0.45%, to 25,382.11, while the Nifty 50 of the National Stock Exchange (NSE) rises 29.85 points, or 0.39%, to 7,742.90.

9:30am: The Indian rupee on Monday weakens marginally against the US dollar at 66.32, down 0.12%, from its previous close of 66.25 ahead of the Reserve Bank of India’s (RBI) bi-monthly policy on Tuesday.

9:25am: Meanwhile, India’s 10-year bond yield is trading at 7.467% as compared with its Friday’s close of 7.465%.

9:20am: Against the yen, the dollar falls to ¥111.52, having dropped to a two-week low of 111.32 early on Monday. The euro stood at $1.1397, not far from its 5 1/2-month high of $1.1438 touched on Friday.

9:15am: Brent crude futures fall to as low as $38.19 per barrel, its lowest in a month, on Monday and last stood at $38.34 per barrel, down 0.9%. US crude futures drop 1.3% to $36.33, hovering near their lowest level in three weeks.

9:10am: The MSCI Asia Pacific Index adds 0.8%, after sliding 2.3% on Friday. Japan’s Topix index climbs 0.6%, rallying from a one-month low, while utilities and health-care stocks led Australia’s S&P/ASX 200 Index to a 0.9% advance. New Zealand shares gain 0.4% as the Kospi index in Seoul swung between gains and losses.

9:00am: Asian share prices held firm on Monday after solid US payroll data underpinned investor risk sentiment while dovish comments from Federal Reserve chair Janet Yellen the previous week kept the US dollar in check.

8:50am: US stocks rose on Friday, with the S&P 500 gaining 0.63% to a three-month high, after better-than-expected US jobs and factory numbers.