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    RBI rate cut boosts markets: Nifty50 above 26,000; BSE Sensex gains over 230 points

    1 day ago

    Indian equity benchmarks Nifty50 and BSE Sensex surged today after the RBI, led by Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 5.25%. The economy shows resilience, with GDP growth projected at 7.3%. Despite foreign outflows and a weak rupee, markets are watching the RBI's stance on inflation and liquidity.
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