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Jul 14, 2012, 11.02 AM IST
Headline inflation data on Monday will be the key cue for stock markets ahead of the Reserve Bank of India's policy review on July 31.
A Reuters poll forecasts wholesale price inflation likely rose by 7.62% in June from a year ago, the highest this year.
Traders are eyeing the Presidential election scheduled for July 19, as investors hope the poll will mark the start of policy reforms, including a potential hike in diesel prices and reforms in foreign investment for aviation and retail.
Tags: Markets, Nifty, Sensex, NSE, BSE, inflation data, Reserve Bank of India, Axis Bank, Bajaj Auto, Kotak Mahindra Bank, Hero MotoCorp, Dr.Reddy's Laboratories, Reliance Industries, Asian Paints
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