All eyes on RBI; will he, won't he?

The burden of expectations may not really weigh down the RBI governor who is expected to leave interest rates intact. In recent times, the voices demanding a rate cut have got louder with even the finance minister joining the bandwagon. It's a matter of few hours before the suspense ends. Will he, won't he? That's the question for now and investors will choose not to really speculate much now.
 
The outlook is a subdued start. The banking stocks will be in focus due to RBI policy. Infy goes ex-bonus today. Global cues are not really encouraging. With growth in US manufacturing sector slowing for a third straight month in November, US indices saw selling pressure. Manufacturing growth across Asia and Europe eased in November as heavy price cuts failed to revive demand, says a report. Moody's downgrade of Japan to Aa3 from A1, also caused some jitters. The rating agency was apprehensive that Japan would meet its fiscal goals and be able to grow its economy.