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Sensex down by 281 pts, 3-week-low

14 November 2017

The Nifty of National Stock Exchange (NSE) too dropped by 96.80 points to 10,224.95.

M&M, Axis Bank, Hindustan Unilever, TCS, SBI and NTPC, rose by up to 2.10 per cent in early trade.

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The rupee extended losses for the second straight session and ended down by 26 paise to close at over one-month low of 65.42 a dollar amid heightened tensions in the Middle East. Among them are Bank of Baroda, Sun Pharma, Eicher Motors, GAIL, Jaiprakash Associates, MOIL, Reliance Capial, Religare Enterprises, Omaxe, IVRCL, Unitech, Gitanjali Gems, Anant Raj, Apex Frozen and Cadila Healthcare.

The BSE market breadth was bearish - 1,629 declines and 1,082 advances.

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The Nifty registered day's high and low at 10,334.15 and 10,216.25 points, respectively.

Equity markets on Tuesday spiralled down further as Sensex lost nearly a 100 points to close below the 33,000-mark. Investors now turned their focus to September quarterly earnings due today. Reuters had found that retail inflation is likely to have sped up to a seven-month high in October.

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The 30-scrip S&P BSE Sensex, which opened at 33,397.41 points, closed at 33,033.56 points - down 281 points or 0.84 per cent - from Thursday's close. Sensex was up by over 72 points or 0.22% at 33,106.21 while the wider Nifty was up by 11 points or 0.11% at 10,236.55.

Sensex down by 281 pts, 3-week-low