Rediff.com
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Markets ended lower this Friday with 50-share Nifty closing below the crucial support level of 5,950 on back of profit-booking in rate sensitive sectors such as banks, real-estate after the central bank’s policy action.The Reserve Bank of India in its monetary policy review reduced repo rates by much-anticipated 25basis points but hinted towards a little room for future policy easing.“The hawkish statement by the Governor reaffirms our belief. We expect not more than 25 basis points ... Rediff.com, 2 weeks ago
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