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    <title>Stock markets surge in early trade on buying in IT counters after US Fed rate cut</title>
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    <description>The US Federal Reserve&#039;s 25-basis-point rate cut and guidance of further easing triggered an early rally in Indian equities, with buying concentrated in IT stocks and attendant gains across benchmark indices. Analysts attribute the move to improved investor sentiment from expected monetary easing, potential foreign capital inflows supporting the currency and markets, sectoral rotation toward technology names, and mixed foreign institutional investor flows.</description>
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