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RBI Governor Raghuram is widely expected to announce this year’s fourth rate cut tomorrow and expectations for the same have further increased after the US Fed’s status quot.

The benchmark indexes Sensex and the Nifty fell around 1 percent each on Monday, with weak global cues and caution ahead of the RBI policy review weighing on sentiment. Though, the expectations are high from RBI’s governor Raghuram Rajan to cut its key repo rate to a...