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Sensex surges over 1,000 points, RBI's dovish stance cheers investors

Analysts said the RBI took a dovish stance looking at the uncertainty around the Omicron variant

Topics
stock markets | RBI monetary policy | Omicron

Sundar Sethuraman  |  Mumbai 



BSE, sensex, market, shares, stocks, trading, brokers, investment, investors, growth, results, Q, earnings
The Sensex closed at 58,649, up 1,016 points, or 1.7 per cent

The benchmark on Wednesday posted their biggest single-day gains in over six months, buoyed by the Reserve Bank of India’s (RBI’s) decision to keep the policy rates unchanged in a bid to support economic recovery. Investors across the world continued to ‘buy the dip’ on hopes that the variant of coronavirus would be less lethal than feared.

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First Published: Thu, December 09 2021. 01:43 IST

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