Today(3-5-2013) RBI cut repo rate by 25 bps to 7.25 percent as anticipated. After opening with a loss of 5 points, Nifty moved in the range 5930 - 6000 and closed at 5944 (ie. at centre of P(5952) with a loss of 55 points. Nifty futures range was 5937 - 6006. Agni level for Monday is at 5994.
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