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Markets end lower owing to profit booking

| | Jun 07, 2016, at 01:33 am
Mumbai, Jun 6 (IBNS): Indian markets ended lower on Monday, albeit marginally, following profit booking by investors late in the day, with the Sensex down 65.58 points to 26777.45 and Nifty down 19.75 points to 8201.05.

The Reserve Bank of India (RBI) will announce its monetary policy review on Tuesday but Governor Raghuram Rajan is expected to keep t policy rates unchanged, media reported.

On Monday, gains by PSU and select infra stocks partly offset the decline in shares of private banks, pharma and telecom companies.

Lupin, Axis Bank, Sun Pharma, Maruti Suzuki, Bharti Airtel and Hero Motocorp were down on Monday while Mahindra & Mahindra and GAIL advanced.

 

Image: Wikimedia Commons

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