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Equity Today report

Posted by Equitymaster
      
Indian share markets surged on Wednesday, snapping a two-day losing streak led by gains Reliance Industries and bank stocks. Gains were also supported by positive cues from global equity markets.The S&P BSE Sensex ended at 35,547, up 261 points while the broader Nifty 50 index settled at 10,772, up 62 points.RBI Monetary Policy MinutesRupee and bond prices rose ahead of the minutes of RBI's June policy meeting yesterday.The RBI raised interest rates by a quarter percentage point at its last meeting, citing rising inflation risks. The central bank said on T...

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