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Bids offered for this OMO round were worth 1.32 lakh crore, against the notified amount of 50,000 crore. The Reserve Bank of India (RBI) has scheduled further bond purchases worth 75,000 crore for the month of May with an aim to quicken the pace of policy rate transmissions.
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The BSE Sensex fell 0.2%, or 155.7 points, to close at 80,641, while the NSE Nifty-50 slipped 0.3%, or 81.55 points to end at 24,379. Adani Enterprises, Jio Financial, SBI Life, Trent, and Eternal were among the top Nifty losers.
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The world's two biggest economies are locked in a trade war that has caused turmoil in global markets.
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