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The Times of India
The Times of India
Business
PTI

Sensex rebounds 377 points, Nifty closes above 17,850 as RBI slows down rate hike

RBI Oil Adani Enterprises Inflation Infosys Mumbai Reliance Industries TCS United States US Federal Reserve

MUMBAI: Benchmark sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes on Wednesday.

Ending its two-day slide, the 30-share BSE sensex rose by 377.75 points or 0.63 per cent to close at 60,663.79 with 24 of its constituents posting gains.

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