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Markets snap 4-day rally amid profit-taking; auto, bank stocks fall
Thursday, 8 June 2023
Equity benchmarks Sensex and Nifty surrendered early gains to close with losses on Thursday, snapping their four-day winning streak as investors pared exposure to auto, bank and IT stocks after the RBI left its key interest rate unchanged. After remaining in the positive territory for the most part of the session, the 30-share BSE Sensex fell 294.32 points or 0.47 per cent to settle at 62,848.64.
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