MUMBAI, Dec. 3 (Xinhua) -- Indian markets closed lower on Tuesday.
Expectations of another rate cut by the Reserve Bank of India (RBI) dragged equity markets lower. Besides, profit-booking in index heavy-weights like HDFC Bank, Reliance Industries, L&T and ICICI Bank contributed to the index fall.
The benchmark S&P, BSE Sensex closed at 40,675.45, 126.72 points or 0.31 percent down compared to its previous close at 40,802.17. Enditem
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