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VERIFIEDET Markets·positive
Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%
AI Summary
- ·Nifty Bank rose 650 points on Friday morning.
- ·A report suggests the RBI is unlikely to hike rates to defend the rupee.
- ·Axis, ICICI, and HDFC bank shares increased by up to 2%.