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Broader markets outperformed the benchmarks. Nifty Midcap 100 gained 0.75 percent and Nifty Smallcap 100 was up 0.71 percent. Nifty PSU Bank and realty were among top sectoral movers
Market experts suggest that any hints of a rate cut from Governor Shaktikanta Das could ignite a fresh rally
The most recent approval came on February 6 when HDFC group received the RBI nod to acquire up to 9.5 percent in six banks - IndusInd Bank, Yes Bank, Axis Bank, ICICI Bank, Suryoday Small Finance Bank and Bandhan Bank