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Sensex ends 792 pts down, Nifty at 10,316; rupee hits 74/$ for 1st time as RBI holds rates

The Sensex and Nifty posted their biggest weekly decline in over two years on Friday after, in a surprise move, the Reserve Bank of India (RBI) today kept the repo rate unchanged at 6.5%. The announcement sent the rupee diving below the 74/$ mark for the first time ever, while the stock market tumbled. The