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Sensex pares some gains after gaining over 160 points Buoyed by a firm trend in Asian markets and on expectations of a rate cut from the Reserve Bank of India in the near future, equities rallied higher on the major Indian bourses this morning. However, with a few front line stocks giving up some gains subsequently, the market has retreated a bit now. The Sensex, which rallied to 17,784.51, gaining more than 160 points in the process, has retreated from
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