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Sensex flat, Nifty turns negative after registering a high record

The key indices pared gains to turn flat after BSE Sensex and NSE Nifty crossed fresh record high before the RBI meet result due later today. 

Markets expect the RBI to cut interest rates at least by 25 base point to 6 percent after inflation slumped to a record low of 1.54%. The market will be on watch whether the central bank will give indication to ease more.
Fertilizers companies’ shares were in limelight, rising up to 15 percent on BSE in intraday trade today. Nagarjuna Fertilisers, Rashtriya Chemicals & Fertilizer, Deepak Fertilizers, and Petrochemicals Corporation were increased more than 4 percent each….. Read More
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