5 Dec Tuesday Sensex, Nifty slip in early trade; RCom tanks 7%:
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The benchmark indices Sensex & Nifty opened moderately lower on Tuesday as most of the Asian shares slipped in the early morning led by the falls in I.T stocks.
Shares Reliance Communications (RCom) slipped 6.93 percent to hit the day’s low of Rs 10.74 while Reliance Naval dipped 4.22 percent to day’s low of Rs 34.
The Reserve Bank of India’s two-day monetary policy review starts today and the decision will be released by tomorrow. The RBI’s monetary policy committee is expected to keep the policy repo-rate unchanged in the upcoming monetary policy review owing to various factors.
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