BSE Sensex, NSE Nifty, Petrol price cut, Diesel rate cut, more

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Petrol price was on Wednesday cut by 49 paisa a litre, diesel by Rs 1.21 and jet fuel (ATF) by 2 per cent, but rates of non-subsidised LPG were hiked by Rs 11 percylinder.

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Logging its first weekly rise in three weeks, the benchmark BSE Sensex on Wednesday started the new fiscal on a promising note by surging over 300 points to settle the day at 28,260.14 on selective buying by funds, mainly in banking and healthcare stocks.

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After two day of losses, gold prices recovered by Rs 200 to Rs 26,775 per ten grams at the bullion market on Wednesday on emergence of buying by jewellers and retailers at existing lower levels amid a firm global trend.

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BSE Sensex on Wednesday started the new fiscal on a promising note by surging over 300 points to settle the day at 28,260.14 on selective buying by funds, mainly in banking and healthcare stocks. NSE Nifty also rose by 95.25 points or 1.12 per cent, to 8,586.25 after hitting today's high of 8,603.40.