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The Reserve Bank of India plans to absorb the inflows and match the outflows using its near-record high $642 billion reserves, the people said, asking not to …

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The BSE Sensex declined 208 points to 62,626, while the Nifty50 fell 58 points to 18,643 and formed a bullish candle on the daily charts as the closing was higher than the opening levels.

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