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Sensex up 747 pts on 'jumbo' rate cut, eco growth thrust
The Sensex surged by 747 points, closing at 82,189, following the RBI's unexpected 50 basis points interest rate cut, which is expected to stimulate economic growth by making loans more affordable. Banking and financial stocks spearheaded the rally, boosting investor wealth by approximately Rs 3.6 lakh crore.
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