A broker reacts while trading at a brokerage firm in Mumbai. Photographer: Adeel Halim/Bloomberg News

Weekly Wrap: Nifty Wipes Out 2018 Gains, RBI’s Surprise Status Quo, IL&FS Rescue

India’s NSE Nifty 50 Index wiped out all its gains of 2018 after the index posted its worst decline since Feb. 2016 amid rising prices of Brent crude and a falling rupee.The S&P BSE Sensex fell 5.1...

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