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Sensex jumps 80 points after RBI cuts repo rate, CRR

NDTV

The BSE Sensex bounced back into the green after the Reserve Bank of India cut repo rate from 8 per cent to 7.75 per cent. The central bank has also cut the Cash Reserve Ratio by 25 basis points, which will add Rs. 18,000 crore in liquidity to the economic system.

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