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The Sensex and Nifty, which registered fresh lifetime highs today after a surprise repo rate cut by the Reserve Bank of India, edged lower due to profit-booking in banking stocks. 
 

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Credibility of Indian economy has been re-established. The world is predicting it is India’s time to fly....We have to think in terms of a quantum jump. Incremental changes will not take us anywhere. - Arun Jaitley

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