Market Closing Update
Reserve Bank of India (RBI) policy and pale monsoon forecast is a cunning subside in the sustain. Sensex closed when a loss of 660 points. On the psychological level, the Nifty closed at 8250 breaking the 8236 level. Market experts expected that the try in take over rates is estimated without help. Interest rates are likely to subside subsidiary as the neutral monsoon has decreased. However, midcap and smallcap stocks dominated the selling. CNX Midcap index closed down 2.2 per cent to 12,900. The BSE smallcap index closed 2.1 per cent has come by the side of to 11 050 gone osteoporosis.
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