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The Mint Report for 9 April 2012

The Mint Report for 9 April 2012

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In other news, the rupee lost ground on Monday, with investors buying up dollars after poor unemployment numbers from the US. The currency ended trade at Rs51.14 to the dollar. Monday’s fall came despite suspected dollar buying by the Reserve Bank. Meanwhile, investors will be awaiting RBI’s policy statement next week.

And finally, Indian markets fell their most in two weeks as sentiment about some sectors worsened. The Sensex dropped 264 points to 17,222. And the Nifty lost 88 to close at 5,234.

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