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Investors in India rode the sleigh of a dovish U.S. Federal Reserve, which hinted at three rate cuts in 2024, leading to a global surge in equities. On December 15, the Indian market joined the global rally, marking another session of bullish momentum.
On Thursday, 2064 stocks advanced, 1702 declined and 126 remained unchanged, with an advance decline ratio of 1.21 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.
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