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December outlook: RBI policy, economic data, FII trend to define market sentiment

Banking stocks will stay in focus as RBI's move on CRR has dented expectations of a cut in interest rates in December

Aprajita Sharma  |  New Delhi 

The market is likely to stay range-bound in the coming days as investors brace for monetary policy reviews by the Reserve Bank of India (RBI) on December 7 and the US Federal Reserve on December 13-14. Investors would keenly watch key developments in the euro zone – more precisely in Italy – besides movements in crude oil prices, rupee and FII flow trends. With experts anticipating a delay in the revival of corporate earnings for another quarter or two, investors will keenly evaluate how the demonetisation move has impacted sectors and stocks. These will be seen in ...

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