06:22
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The market continued to see heavy selling pressure in noon trade. The Sensex lost 588.52 points or 2.14 percent to 26851.62 and the Nifty dropped 187.95 points or 2.26 percent to 8136.85, dragged by banks, capital goods, oil and technology stocks.
The rising oil to a 4-month high on Middle East concerns and Greece issues dampened the investors’ sentiment on street.
BHEL and NTPC fell more than 4.5 percent followed by L&T, Vedanta, Tata Power, Ambuja Cements, NMDC and BPCL with 3.5-4 percent loss.
However, Bharti Airtel bucked the trend, up 3 percent after MSCI upped scrip’s weightage to 2.6 percent from 1.3 percent in its India Index.
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Posted in: Indian Market Tips
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