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Sensex gains 248 pts; IT stocks end on a high note
The market had some positive triggers today. First, a fairly steady trend on the Asian bourses gave the participants something to cheer about. Information technology, metal and FMCG stocks rallied higher on strong buying support and the Sensex moved past 10,300 in morning trade. Stockometer And then, when the market appeared to be losing steam, Reserve Bank of India cut repo rate by 100 basis points