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Rohan
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| 26 July 2011, 18:08:04 |
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Due to RBI's credit policy markets lost about 2% and all indices closed in negative. Reality and capital goods also lost about 3% in today's trading session. Today RBI, central bank of India raised repo rate by 50 basis points to 8% and reverse repo to 7% in its policy meet to arrest rising inflation. The CNX Midcap index was down 1.1% and the BSE Smallcap index also lost 0.8%. The Sensex closed at 18518 which is down by 353 points from its previous close......read full post from Intraday Tips for Tomorrow
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