Sensex closes 63 points lower, Nifty at 10,526 on profit-booking; Axis Bank, M&M, IndusInd Bank top losers

Banking stocks were hit after RBI deputy governor NS Vishwanathan
defended a revised framework for expeditious resolution of bad loans
notified by the central bank on February 12, 2018. Investors
preferred to book profits on the consumer goods counter which saw record
highs yesterday buoyed by the RBI's normal monsoon forecast.

Read more: https://www.businesstoday.in/markets/sto...

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