Nifty ends below 5600; Bankex loses 2%, Maruti gains 2%

Indian shares plummeted over 1 percent on Tuesday, weighed down largely by rate sensitives after the Reserve Bank of India kept policy rates unchanged and lowered GDP forecast significantly for FY13, in its half-yearly monetary policy review.

October 30, 2012 / 21:30 IST

first published: Oct 30, 2012 03:57 pm

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Nifty ends below 5600; Bankex loses 2%, Maruti gains 2%

Indian shares plummeted over 1 percent on Tuesday, weighed down largely by rate sensitives after the Reserve Bank of India kept policy rates unchanged and lowered GDP forecast significantly for FY13, in its half-yearly monetary policy review.

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