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Sensex regains 16,000 level on diesel, LPG price rise hopes
The BSE benchmark Sensex rose 1.7 per cent on Thursday, its biggest percentage gain in nearly two months, after a steep rise in petrol prices boosted oil stocks such as ONGC, by kindling hopes of similar hikes in other fuels such as diesel. More broadly, it was also seen by some traders as a tentative signal that the government may be getting more serious about tackling its fuel subsidies — a
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