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Strong rebound on D-Street! Sensex ends 550 pts up, Nifty at 10,387; HDFC up 6%

Sensex and Nifty made a sharp recovery in the afternoon trade deals on Wednesday and closed trade higher after the government highlighted the importance of autonomy of the Reserve Bank of India (RBI) in a bid to calm investors worried about a growing public quarrel with the central bank. In a finance ministry statement, the government