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On Wednesday, 1476 stocks advanced, 2207 declined and 120 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.67 indicating a positive closing of stocks in broader markets. Following several days of steady growth, frontline stocks were under pressure today, especially after HDFC Bank gave a muted guidance of growth. Investors engaged in profit-taking in anticipation of the outcome of the US FOMC meeting on interest rates.

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