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December 13, Wednesday 2017 11:14 AM       

       HEADLINES: Bus falls into river; three die                                              Pettah police beat up Kerala Kaumudi online reporters                                              Jisha murder case: Ameerul Islam convicted; Verdict tomorrow                                              BJP leader Madikkai Kammaran dead                                              Fire breaks out at Thaliparambu Cooperative hospital                                              High-voltage campaign for Gujarat polls to conclude today                                              Not much headway made in Rajiv murder conspiracy probe: SC                                              Honour killing of dalit man in TN: Six sentenced to death                                              Has Rahul Gandhi started wearing Rudraksha beads?                                              Rohingya return deal bad for refugees, says HRW                                              Indian girl drowns in Australia, family request PM to bring body back                                              Kim Jong-un can control weather: N Koreans                                              Quake hits Iran's southeastern province                                              BCCI appoints chief operating officer for NCA                                              Cricket fraternity pours in wishes on Yuvraj's 36th birthday                                              Maradona skips charity match, spends time with kids                                              Kaumudi Facebook
       BUSINESS Next Article: Travel, trade to resume on Srinagar-Muzzaffarabad route  
       Markets suffer from more losses as bank, metal lead selling
 
         Posted on :16:41:11 Aug 3, 2017
   
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       Last edited on:16:41:11 Aug 3, 2017
         Tags: Markets suffer from more losses as bank, meta
 
Mumbai: Stock markets moved down for the second session today as the Sensex ended with a loss of 239 points as banking, realty and metal stocks struggled owing to concerns over the direction of the monetary policy.
 
The Reserve Bank yesterday cut the repo rate by 25 basis points to 6 per cent, but pinned future action on more economic data.
 
Interest-rate sensitive stocks - banking, realty and auto - continued their slide as the RBI policy action failed to impress investors.
 
The 30-share index ended down 238.86 points, or 0.74 per cent, at 32,237.88 after hitting a low of 32,194.58. The gauge had lost 98.43 points yesterday.
 
The Nifty slumped by 67.85 points, or 0.67 per cent, but managed to close above the 10,000-mark at 10,013.65 after touching a low of 9,998.25.
 
The rupee, which strengthened further against the dollar to trade at a fresh two-year high of 63.56 (intra-day) in the forex market, failed to boost sentiment.
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       BUSINESS
Next Article: Travel, trade to resume on Srinagar-Muzzaffarabad route
 
 
BUSINESS HEADLINES
Retail inflation in Nov sees uptick to 4.88%  
Vodafone, Aviva Life Insurance offer mobility plan 'RED Protect'  
Airtel launches 4G services in Ladakh region  
Increase social security pension in budget: Experts to FM  
Sensex zooms 195 pts on strong global cues  
Air India seeks Rs. 1,100 cr loan to modify planes for VVIPs  
More participation of private enterprises needed in Aerospace sector  
ASSOCHAM calls for greater attention to agri sector  
Consumers yet to see reduced MRP stickers post GST rate cut  
Top 5 Fintech companies to look out for in 2018  
Govt hints at reviewing rates in top GST bracket  
Sensex soars 301 pts, reclaims 33,000-mark  
Sensex surges 246 pts, Nifty above 10,200  
'Korean companies keen on investing in Andhra Pradesh'  
Sensex rebounds 149 points in early trade  
RBI leaves key rate unchanged; retains growth forecast at 6.7%  
Food security, farmers' subsidy top priority in WTO meeting: Suresh Prabhu  
Top Indian startups on hiring spree: Report  
Bitcoin rally: RBI again warns users of risks  
Gadkari orders to release Rs 381 crore for Polavaram Hydro Project  
Sensex ends lower ahead of RBI policy call  
Gold futures fall by Rs 198 on profit-booking, global cues  
Sensex breaks 4-day fall on value buying  
Patanjali to invest in Uttar Pradesh  
Nissan prods India for Rs. 4968 cr in redress over broken tax-break promise  
 
Is the on-going IFFK well organised?
yes
 
no
 
no opinion
 
 
 
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