Nifty has closed down by 81 points at 5367 and fall was led by LT and RELIANCE both fell sharply on profit-taking after results. M&M, HCL TECH, HDFC BANK gained more than 4% each this week while MARUTI was top loser with 11% loss after poor results, JP ASSO fell 8%.
Rains were just 5% below normal as on July 29 and they are likely to be 107 percent of normal in the remaining two months of the
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