Epic Update : Sensex cheers RBI move, up 359 pts

The 30-share BSE Sensex surged more than 350 points on Tuesday, reacting to expected Reserve Bank of India’s move to fight rising inflation.

The Sensex rose 358.73 points or 1.74 percent to close at 20929.01 while the Nifty rallied 119.80 points or 1.96 percent at 6220.90.

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