Indian benchmark indices snapped a two-day winning streak on Wednesday as the Reserve Bank of India raised the repo rate by 25 basis points to 5.5% and adopted a "calibrated tightening" stance. The Sensex dropped 429 points to 72,638, while the Nifty fell 173 points to 22,603, led by metal sector losses.
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Stock Market Close: Sensex Slips 429 Pts, Nifty At 22,603
