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December 11, Monday 2017 11:18 AM       

       HEADLINES: Ockhi: 130 stranded in Lakshadweep returns back                                              Three Keralites killed in Pollachi accident                                              Vigilance gives clean chit to Tom Jose                                              Ockhi relief operations remain as announcements: Chennithala                                              Employment violations in P V Anwar’s park will be probed: T P Ramakrishnan                                              Zaira Wasim molestation: Mumbai Police arrests accused                                              French tourists thrashed by locals in UP                                              Sri Lanka formally hands over Hambantota port to China                                              ISIS still not defeated: May warns Iraq                                              Afghanistan calls for snapping ties with US                                              Trump's Middle East advisor set to depart White House                                              Our batting let us down on a seaming track: Rohit Sharma                                              Diego Maradona arrives in Kolkata on three-day visit                                              ISL 2017: FC Goa thrash Kerala Blasters 5-2                                              Hamstring injury rules Jadhav out of Lanka ODIs                                              Olympian Sajan Prakash to sell medals for training                                              Kaumudi Facebook
       BUSINESS Next Article: Gold futures fall by Rs 198 on profit-booking, global cues  
       Sensex ends lower ahead of RBI policy call
 
         Posted on :16:40:14 Dec 5, 2017
   
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       Last edited on:16:40:14 Dec 5, 2017
         Tags: Sensex ends lower ahead of RBI policy call
 

MUMBAI: BSE benchmark Sensex ended over 67 points down in volatile trade Tuesday as cautious investors trimmed their portfolios ahead of RBI's policy announcement amid subdued macro cues.

The Reserve Bank's two-day monetary policy review kicked off today. The central bank is widely expected to keep policy rates unchanged tomorrow and will stay focused on controlling inflation, experts said.

Trading mood was also impacted as Fitch Ratings yesterday cut the country's GDP growth forecast for the current fiscal to 6.7 per cent from the earlier projected 6.9 per cent.

The 30-share Sensex opened on a negative note on across-the-board losses and touched a low of 32,682.52.

However, value-buying in several heavyweights towards the fag-end trimmed the losses, with the index finishing at 32,802.44, down 67.28 points or 0.20 per cent.

The broader NSE Nifty too slipped by 9.50 points, or 0.09 per cent, to end at 10,118.25, after moving between 10,069.10 and 10,147.95.

Meanwhile, services sector activity slipped into the contraction territory during November, post the implementation of the Goods and Service Tax (GST) that led to sluggish demand and lower customer turnout, a monthly survey said.

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       BUSINESS
Next Article: Gold futures fall by Rs 198 on profit-booking, global cues
 
 
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