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Sensex slips ahead of RBI rate decision


By Jessica Kuruthukulangara(Reuters) - Indian shares slipped on Wednesday with banks among top losers, as investors stayed cautious ahead of the central bank's policy decision.The Reserve Bank of India is widely expected to hold rates for a second time in a row at the end of its two-day meeting later in the day. The decision is due at 1430 local time (0900 GMT).It is also expected to retain its "neutral" stance, while cautioning about inflation, which accelerated to a seven-month high in October. "It is a general volatility in the markets before the RBI policy decision," said Rakesh Tarway, ...

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First Published: Wed, December 06 2017. 11:35 IST