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Sensex, Nifty slide bank stocks gain on talk of cut in cash reserve ratio by Reserve Bank
The BSE Sensex and Nifty fell on Wednesday, as a global flaring of risk aversion hit blue chips such as Reliance Industries, though broader losses were cut, as lenders gained on speculation the central bank could cut the cash reserve ratio (CRR). Fears about the potential impact in southern India from a powerful 8.6 magnitude earthquake off Indonesia also kept investors on edge, exacerbating falls
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