RBI Governor Das will deliver an unscheduled speech at 10 a.m. today. Deputy Governors MK Jain and MD Patra and other senior RBI officials attended the meeting.

At 9:16 am IST, the Sensex was up 263.50 points or 0.55% to 48,517.01, and the Nifty was up 73.90 points or 0.51% to 14,570.40. About 1,046 shares gained, 209 shares declined and 53 shares are unchanged.