Nifty Hovers Around 8800 As Investors Await RBI Policy; ITC Up - Dollar Advisory & Financial Services

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Monday 6 February 2017

Nifty Hovers Around 8800 As Investors Await RBI Policy; ITC Up

Buying interest continued in morning as the Sensex revitalized more than 200 focuses on any expectations of RBI cutting repo rate in the pending two-day approach meet that will begin on February 7. 

The 30-share BSE Sensex increased 216.17 points at 28456.69 and the 50-share NSE Nifty rose 63 points to 8803.95. The market broadness was sure as around three shares progressed for each share falling on the BSE. 

Developing markets have begun to look better as stresses over the new US President Donald Trump lives. Geoff Lewis of Manulife Asset Management is hopeful on EMs and said that there is a decent long haul passage point for them now.

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