1. RBI has reduced its repo rate by 25 points to 6 percent, supported by lower inflation projections. The apex bank also revised its GDP growth projection for 2018-19 to 7 percent from 7.4 percent while FY20 growth is estimated at 7.2 percent.
2. Brent Crude prices closed higher at about US$69.3 per barrel as compared to previous week's close of US$67.8 per barrel.
3. Gold prices closed slightly lower at about $1292 per ounce as compared to last week's closing price of $1296 per ounce.
4. Bond yields ended slightly lower at 7.34 percent as compared to the previous week’s close of 7.35 percent.
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