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Mayhem in market continues as selling pressure intensifies led by banks, capital goods, pharma and metals. Both the benchmark indices are down 21 percent from record highs. The Sensex is down 193.01 points or 0.8 percent at 23827.97 and the Nifty is down 59 points or 0.8 percent at 7239.20. About 406 shares have advanced, 1315 shares declined, and 73 shares are unchanged.Tata Motors, Adani Ports, Dr Reddy’s Labs, ICICI Bank and Axis Bank are major laggards in the Sensex. Infosys, HUL and TCS are gainers in the Sensex.
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Posted in: Indian Market Tips
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