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Indian Stocks Rise as Focus shifts towards RBI Meeting

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Indian stock indices begin the week positively, with Sensex and Nifty trading 0.4-0.5% higher. Reserve Bank of India's monetary policy review meeting decision will be announced on June 8, expected to keep the repo rate unchanged due to a consistent decline in inflation. The potential for further decline may prompt the bank to pause the rate again. The bank raised the repo rate by 250 basis points since May 2022 in the fight against inflation.

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