There is no respite yet for the market, which
plunged sharply post release of the RBI's monetary policy statement this
morning.
With stocks reeling under a severe bout of
selling pressure, the Sensex
is now down 472.50 points or 2.3% at 20,174.14, off the day's low of 20,051.43.
The Nifty, which tanked to 5932.85, is now down 142.55 points
or 2.33% at 5973.
Bank and realty stocks are down sharply, giving
up almost the entire gains they had recorded in the previous session.
Automobile, infrastructure, metal and capital goods stocks are also trading
sharply higher
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