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InnerWear

The unexpected winners of RBI’s tightening

RBI had announced tightening measures which resulted in the Bank Nifty crashing by 4.62% yesterday and the broader market declining by 1.44%

Yet one sector stood out proudly in this carnage – innerwear stocks !

Symbol Close on 23 July,2013 Close on 24 July,2013 Gain
RUPA 165 165 0.00%
LOVABLE 275.35 281.35 2.18%
PAGEIND 4343.65 4516.85 3.99%

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