New Delhi, Aug. 5 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a higher note on Wednesday, 5 August, ahead of RBI MPC meeting announcement today.

Asian markets mostly traded mostly higher on Wednesday, while the US stock market also rose.

On Tuesday, Indian benchmark indices moved in opposite directions on Tuesday, August 4, in a rare market divergence, with the 30-share Sensex rising over 0.60% while the NSE Nifty 50 fell more than 1% during the session. The sharp contrast in the performance of the two benchmark indices caught investors' attention.

"Nifty snapped its four-session winning streak, ending 159 points lower at 24,614. The index stayed under pressure for most of the session and ...