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Benchmark
indices ended Tuesday's session with losses, weighed down by tech stocks, as
investors booked profit after both Sensex and Nifty's close at heady heights in the
previous session.The broader Nifty50
index slumped 67 points to 12,022. The market breadth was in favour of sellers.
About 990 stocks declined and 789 shares advanced on the NSE.Tuesday was the last trading day ahead of
the RBI monetary policy outcome on Thursday, as the stock
market will be closed on Wednesday on account of Eid-al-Fitr. Two-thirds
of 66 economists polled by Reuters expect the MPC to wrap up on Thursday by
cutting the repo rate by 25 basis points.
Buzzing stock Manappuram Finance hits fresh all-time high; surges over 50%
in 2019
PSU banks rally; Oriental Bank, Syndicate Bank up over 5% in
subdued market
GE Power rallies 5% on winning Rs 738 crore Aravali Power contract
US launches antitrust probe into big tech firms; FB, Amazon shares
drop
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