''Market is expected to open negative following negative Asian cues amid the concern over Hong Kong unrest. Today, RBI's monetary policy action is likely to set the tone for the market. RBI is expected to maintain status quo in interest rates in today's monetary policy. Market to remain neutral on no cut in repo rate,'' said ICICIdirect.

'' Markets closed slightly negative after a volatile day of trade due to caution ahead of RBI's monetary policy review today,'' it said.

''US markets closed modestly lower due to concerns about the impact of protests by pro-democracy activists in Hong Kong along with lingering concerns about the end of quantitative easing,'' it added.

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