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Sensex rises 100 pts, Nifty opens above 11,700; Jet Airways plunges 10%

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Domestic markets moved higher on Tuesday, after falling over a percent in the previous session, amid hopes that the US central bank would adopt a more dovish stance and may slash borrowing costs. The domestic equity benchmark BSE Sensex was trading 118.73 points up at 39,079.52 on account of buying in frontline bluechip counters. The Nifty index was trading 30.45 points up at 11,702.60.

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