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Finance & Markets

Sensex slides 211 pts as banking stocks hit by new RBI steps

Snapping a five-day rally, the BSE benchmark Sensex on Wednesday fell from 30-month highs by losing over 211 points on heavy selling in banking stocks as new liquidity tightening steps unleashed by RBI to shore up rupee are likely to hike short-term interest rates.

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Bindiya Bhatt
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