Sensex, Nifty continue to be rangebound; PSU banks, metals correct

The market is trading rangebound, with the Sensex and Nifty trading around 34,800 and 10,700 levels. Weak rupee and rising bond yields has weighed on indices. But the currency’s weakness has pushed up IT stocks. Infosys and Wipro are the top gainers on both indices. Midcaps, PSU banks and auto stocks have seen a correction.

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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