Sensex, Nifty Bank fall 100 pts; L&T falls for 2nd day, RIL supports

L&T Technology Services Update by Epic Research

Benchmark indices extended losses in afternoon, dragged by banks, technology and infra stocks.

Nifty Bank fell more than 100 points as rate cut is unlikely in upcoming RBI’s policy meeting after inflation hardened further.

The 30share BSE Sensex was down 111.47 points at 32,922.09 and the 50-share NSE Nifty fell 39.50 points to 10,185.50.

About 1,342 shares declined against 1,077 advancing shares on the BSE.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300