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Heightened hopes of an interest rate cut by the Reserve Bank of India at its upcoming monetary policy in August took benchmark index BSE Sensex above 32,000 for the first time ever on Thursday.
Realtime news, as it happens, from India and across the world. Along side, the trading fraternity is catered to with ideas induced by Technical analysis and news flow analysis.The investment ideas identified by the research team are presented and communicated with conviction to our clients by our relationship managers.The market cap of BSE stocks rose to Rs 130 trillion.The fact that the market rally is being driven by a bunch of large cap stocks was quite evident on Thursday —1,455 stocks or 50.43% of the total declined on the BSE while only 1,278 scrips or 44.3% advanced during the day; 152 stocks or 5.27% remained unchanged.
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