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The market has opened flat as investors inure
Raghuram Rajan's last financial policy review in few hours. Outgoing governor
Raghuram Rajan isn't expected to tinker with rates as he presents his last
financial policy nowadays. in keeping with a CNBC-TV18 poll shows attention has
touched from rates to liquidity, seventy p.c of the respondents expect him to
stay liquidity at current excess.
The Sensex is down 11.07 points at 28171.50,
and therefore the keen is down 6.70 points at 8704.65. regarding 508 shares
have advanced, 327 shares declined, and forty shares square measure unchanged. Lupin, Tata Motors, ONGC, M&M and Coal Republic of India square measure
prime gainers whereas Bajaj motor vehicle, TCS, Hero MotoCorp, Reliance and
Infosys square measure losers within the Sensex. plan is down four p.c post Q1
results.
The Indian rupee opened flat at 66.84 per greenback versus previous
shut 66.84. Asian shares stood atop annual peaks as a desperate explore for
yield drove a record flow into rising market funds, whereas oil costs tried to
sustain their latest bounce.
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