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February 24, Saturday 2018 7:10 PM       

       HEADLINES: Two including army man dies as tipper rams on to two bikes                                              There’s no discrepancy in postponing Madhu’s post-mortem: K K Shylaja                                              Forest officials helped in lynching Madhu: Madhu’s family                                              Madhu’s post-mortem begins under heavy protection                                              Govt fails, violence against minorities increased: National Commission for Minorities                                              PNB fraud: Govt moves NCLT to attach properties of Nirav Modi, Choksi                                              Modi to launch Amma Two-wheeler Scheme in Chennai                                              PNB fraud case: ‘Very tough to clear dues or pay salaries’, Choksi writes to employees                                              US to shift its embassy to Jerusalem in May                                              US teachers say #ArmMeWith resources, not guns                                              20 Afghan National Army soldiers killed                                              UN Security Council delays vote on Syria ceasefire                                              Cape Town T20I: Indian eves asked to bat first against Proteas                                              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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