Nifty gaps up 170 points on IT rally; KOSPI crashes 6.5%, inflation bites

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Sensex opened at 71,951.73 and rose to 72,482.30 up 557.62 pts; Nifty 50 opened at 22,364.15 and climbed to 22,533.80 up 170.45 pts as of 9:43 am

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