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Nifty, Sensex surge on RBI rate cut hopes soar
The Business Guardian
|December 06, 2024
The markets witnessed robust buying across heavyweight stocks in various sectors, particularly in IT, where shares of TCS, Infosys, Wipro, and Tech Mahindra saw significant gains.
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The Indian stock market rallied on Thursday, buoyed by expectations of policy rate cuts by the Reserve Bank of India (RBI), the formation of a BJP-led government in Maharashtra, and strong foreign institutional investor (FII) buying, closing firmly in positive territory.
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