Key benchmark indices edged up on Wednesday, gaining for a fourth session in five, led by blue chips on continued hopes the central bank would follow other countries such as Japan and China in easing monetary policy to boost economic growth. The Reserve Bank of India holds its policy review on next Tuesday (02/12/2014) amid growing expectations it could cut interest rates after a sharp fall in consumer inflation. The BSE Sensex gained 0.17 percent to 28,386.19, while the broader Nifty closed 0.15 percent higher at 8,475.75.
The market breadth indicating the overall health of the market was positive in Nifty50 stocks, the advance to decline stood at 30 advances to 20 declines.
The market breadth indicating the overall health of the market was positive in Nifty50 stocks, the advance to decline stood at 30 advances to 20 declines.
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