💨 Abstract
The Sensex closed lower by 167 points on Oct 9 due to profit-taking in select blue-chips, despite the RBI taking the first step towards a rate cut in its monetary policy review. The RBI kept the key interest rate unchanged but changed its stance to 'neutral'. Profit-taking was expected ahead of the earnings season. The Nifty also dropped.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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