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Sensex pares some gains after upbeat start
After a buoyant start that resulted in the BSE benchmark Sensex vaulting more than 270 points to 17,772.10 at the stroke of the opening bell, the market has retreated and pared some gains now with buying momentum subsiding a bit. Following a surprise 75-basis points cut in Cash Reserve Ratio - the Reserve Bank of India made an announcement to this effect after trading hours last Friday - and on expectations
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