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Sensex rallies 1000 pts on Fed's dovish stance; Nifty above 21,200; IT, real estate stocks gain


The dovish tone from US Fed sparked a rally in global market, and Indian stocks were no exception to this. BSE Sensex and NSE Nifty jumped to fresh record highs, rising over 1% each. The strong surge in the benchmark indices came amid gains in banking, IT stocks and index heavyweight RIL. Nifty IT pack surged nearly 3%, tracking gains in Nasdaq and hopes of Fed rate cuts.



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