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MidCap and SmallCap declined
0.92% and 1.01%, respectively. All the sectoral indices ended lower with metal,
consumer durables and basic materials shedding most at over 2%. Tata Motors,
Hindustan Unilever, Adani Ports and Hero MotoCorp were top gainers, whereas
Tata Steel, Axis Bank, L&T and NTPC were among the major losers. the
Reserve Bank of India kicked off its two-day policy meeting. According to
the poll, the central bank will keep interest rates unchanged in the first
monetary policy review of the current fiscal year, amid a gradual recovery in
growth and easing inflation. Eicher Motors Ltd shares jumped 3.34% to
Rs28,990. JSW
Steel Ltd shares rose 1.06% to Rs305. ICICI Bank Ltd shares fell 1.1%
to Rs266. Jet Airways
India Ltd shares rose 1.4% to Rs 622. Sensex plunged at the
closing trade on escalating trade war worries as China hit back at the
Trump
administration's plan to slap tariffs on $50 billion in Chinese
goods, retaliating with a list of similar duties on key US imports including
soyabeans, planes, cars, whiskey and chemicals.Investors also turned jittery
ahead of the Reserve Bank of India's monetary policy announcement on
Thursday. The RBI is likely to hold the policy repo rate in its first
bi-monthly monetary policy review for FY2019 on April 5.
administration's plan to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key US imports including soyabeans, planes, cars, whiskey and chemicals.Investors also turned jittery ahead of the Reserve Bank of India's monetary policy announcement on Thursday. The RBI is likely to hold the policy repo rate in its first bi-monthly monetary policy review for FY2019 on April 5.
DAILY CHART FOR DABUR
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