By Bharath Rajeswaran
(Reuters) -Indian shares held gains on Wednesday, after the Reserve Bank of India kept the repo rate steady as expected, while awaiting the impact of the frontloaded rate cuts and tax cuts amid lingering trade worries.
The Nifty 50 was up 0.18% at 24,652.7 and the BSE Sensex added 0.17% to 80,401.31, as of 10:12 a.m. IST. Both the benchmarks traded about 0.25% higher ahead of the RBI rate decision.
The central bank maintained a rate pause for the second straight policy meeting, after 100 basis point rate cuts in the first half of 2025.
Ten of the 16 major sectors advanced, with rate sensitives such as financials, auto, consumer and realty paring some of the early gains.
The broader small-caps and mid-caps traded flat, erasing pre-policy gains.
(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Janane Venkatraman)
