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Bank stocks propel Sensex 500 points higher, Nifty rises above 23,200

Indian benchmark indices Sensex and Nifty ticked higher on Thursday, snapping a six-day losing streak, driven by gains in banking and financial stocks as investors reacted to domestic inflation data hinting at a possible rate cut.

At 11:35 am, the BSE Sensex was up 505.84 points, or 0.66%, at…

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