From the 30-Sensex firms, Trent, Infosys, Bharti Airtel, Tech Mahindra, Bharat Electronics and Maruti were among the biggest gainers. However, State Bank of India, Kotak Mahindra Bank, Larsen & Toubro and Titan were the laggards.
RBI banned banks from proprietary trading and Sebi doubled the margin requirement on the domestic dollar-rupee forward trade.
'India's sizeable foreign exchange reserves should serve as a buffer.'
Petrol price has been hiked by Rs 1.82 a litre, excluding taxes, with effect from midnight tonight.
'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
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