Home Business Financials drag Sensex 307 points lower post RBI’s hawkish note on inflation.

Financials drag Sensex 307 points lower post RBI’s hawkish note on inflation.

By
Nikhil Bhatt - Research Analyst - SEBI
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93
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Dear Trader… Benchmark indices closed lower on Thursday, dragged by financials and consumer stocks after the Reserve Bank of India (RBI) delivered a hawkish note on inflation in the short term, despite an anticipated hold on interest rates to reduce excess liquidity. The 30-share Sensex fell 307 points to settle

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