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The policy was on expected lines and turned out to be a non-event for the markets barring the realty sector with stocks gaining up to 7%. Following the policy experts came out with their views on the policy and its impact on equity and bond markets. ....
Banking stocks fell despite the Monetary Policy Committee (MPC) assuaging Street s concerns that it will be facilitating liquidity in the system through different liquidity management tools at its disposal. ....