The BSE Sensex on Wednesday ended just 18 points higher at 16,880.51 as investors remained cautious ahead of Thursday's inflation numbers, which could prompt the Reserve Bank of India (RBI) to lower lending rates on June 18.
After gaining 195 points on Tuesday on rate cut cut hopes, the index opened marginally higher on mixed global cues.
The stock markets were in a consolidation mode and touched a day's high of 16,944.11, before settling at 16,880.51. This represented a gain of 17.71 points or 0.11 per cent.
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