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Profit booking triggers post RBI monetary policy
The market has seen stupendous run over the past couple of months without any major correction. Last week, we finally saw some pause in this ongoing optimism. The first half can be considered as a part of consolidation wherein some encouraging signs were seen on Wednesday as the hopes were built for yet another rate cut by the Reserve Bank of India (RBI). However, on Thursday, the traders’ fraternity looked disappointed after the RBI maintaining its ‘status quo’ on its repo rate. This resulted into a decent decline on the following day as
