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    <title>Stock markets rally as RBI trims policy interest rate</title>
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    <description>The Monetary Policy Committee unanimously cut the repo rate by 25 basis points to 5.25 per cent and retained a neutral stance, raising the fiscal-year growth projection to 7.3 per cent; the decision aims to stimulate growth despite currency depreciation concerns and is expected to lower borrowing costs for housing, auto and commercial loans, prompting a rally in rate-sensitive stocks while portfolio flows showed foreign net selling and domestic institutional buying.</description>
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