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Indian stocks rise for third day, rupee retreats from all-time low

New Delhi [India], July 29 (ANI): The rally in Indian stocks continued for the third straight day on Friday, supported by a rise in Nifty IT, metal, auto, and realty indices. In early trade, the benchmark indices Sensex and Nifty rose around 1 per cent each. The ongoing rise in stock was witnessed despite the 75 basis points policy rate hike by the US Federal Reserve to tame an over four-decade high inflation.
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