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Indian market closes strong on Tuesday, RBI Monetary Policy Committee to meet on Wednesday

| | Aug 01, 2017, at 10:45 pm
Mumbai, Aug 1 (IBNS): The Indian market closed strong on Tuesday with the BSE Sensex up 60.23 points at 32,575.17 and the NSE Nifty up 37.55 points to end at a record 10,114.65.

According to economic experts, the monetary policy committee meeting on Wednesday is likely to push for a rate cut, which the market may have already priced in.

Top gainers on Tuesday include Hero Motocrop, Eicher Motors, Maruti Suzuki, Wipro, Tech Mahindra, M&M, BPCL, Hindalco, Aurobindo Pharma and HUL while Lupin, ONGC, Bank of Baroda, SBI, Asian Paints and HDFC declined.

 

Image:  Wikimedia Commons

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