On Tuesday, August 9, Indian indices finished with mild losses, taking a breather after a 3-day rally.Investors in the Indian stock market decided to take some profit after a long winning streak. Notably, the Reserve Bank of India met today and decided to hold the rates steady, in line with market expectations.The resigning RBI Governor Raghuram Rajan provided his successor with the opportunity to decide whether the country needs monetary easing.On Tuesday, the Nifty 50 closed 0.38% lower to 8,678.25, while the BSE Sensex ticked down 0.35% to 28,085.In the blue-chip universe, Idea Cellular, Lupin, Ambuja Cements, Grasim Industries and some other names led the losers. On the other side of the ledger, the likes of Tata Power, Zee Entertainment, Coal India, Bharti Infratel topped the advancers.In the currency market, the USD/INR pair firmed 0.11% to 66.883, and the 10-year bond yield fell 0.72% reaching 7.121%.Given the outcome of the RBI meeting financials traded higher, with Bank of Baroda adding 0.6%, and SBI ending 0.8% higher.India's third biggest telecom provider Idea Cellular sank 5.8% after reporting a 74% slide in quarterly earnings.Future Lifestyle Fashion eked out gains (0.4%) as its quarterly net profit climbed 42.33%.From a technical standpoint, an ascending wedge is shaping up on the daily chart of the Sensex Index, implying corrective movement over the next few weeks. $SENSEX, S&P BSE SENSEX INDEX / 1440