Reuters: Money News: Sensex gains over 1 pct; banks rally on RBI steps

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Sensex gains over 1 pct; banks rally on RBI steps Aug 21st 2013, 04:52 Reuters Market Eye - The Nifty gains 1.1 percent and the Sensex is up 1.25 percent, after three consecutive days of declines. Bank Nifty surges 5.4 percent after the Reserve Bank of India eased cash and bond holding rules for banks on Tuesday.

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