All eyes will be on the RBI’s monetary policy meeting on Wednesday. It is widely expected that the central bank, headed by Urjit Patel, will reduce interest rates by 0.25 percentage points. If the Reserve Bank of India announces a rate cut, then benchmarks Nifty and Sensex could see sharp rise instantly. All eyes will be on rate-sensitive sectors such as banks, realty, automobiles and infrastructure. However, a status-quo stance will disappoint the market.