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India's equity indices gained 0.6% after RBI cut interest rates by 25 basis points and indicated more easing. Nifty finished at 26,186.45, up 152.70 points, and Sensex ended at 85,712.37, up 447.05 points. Midcap 150 index advanced 0.4%, while Small-cap 250 index shed 0.5%. Nifty Financial Services gained 1%, and IT Index ended 0.9% higher.

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