Mumbai, Dec 6 (TIWN) Ahead of the key monetary policy announcement by the Reserve Bank of India, the Indian equity indices opened on a positive note on Thursday.

Investors expect the sixth consecutive rate cut by the monetary policy committee in the announcement scheduled later in the day, and a cut in line with expectation will boost the markets, analysts said.  At 9.26 a.m, the BSE Sensex was trading at 40,939.26, higher by 88.97 points or 0.22 per cent from the previous close of 40,850.29 points.