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Sensex rises 200 pts on Fed rate cut; Nifty tops 11,900

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Market benchmark BSE Sensex rose over 200 points in early trade on Thursday tracking massive foreign fund inflow amid positive domestic and global cues. Inching closer to its all-time intraday high, the 30-share index was trading 220.26 points, or 0.55 per cent, higher at 40,272.13, and the broader NSE Nifty advanced 64.80 points, or 0.55 per cent, to 11,908.90. Top gainers in the Sensex pack included SBI, Infosys, ITC, Sun Pharma, HDFC Bank and ICICI Bank, rising up to 2.64 per cent.

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