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Expert Views: Markets shrug off worries over RBI chief's exit, poll results

Updated : December 11, 2018 01:32 PM IST

Indian markets clawed back from sharp falls early in the session on Tuesday, recovering from the shock of an abrupt departure of Reserve Bank of India Governor Urjit Patel, while results of crucial state elections pointed to a loss for the ruling party.
The ruling Bhartiya Janata Party (BJP) could lose power in three key states, four TV networks said on Tuesday, citing votecount leads, potentially handing Prime Minister Narendra Modi his biggest defeat since he took office in 2014, and months ahead of a general election.
Expert Views: Markets shrug off worries over RBI chief's exit, poll results

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