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February 24, Saturday 2018 3:15 PM       

       HEADLINES: Two including army man dies as tipper rams on to two bikes                                              There’s no discrepancy in postponing Madhu’s post-mortem: K K Shylaja                                              Forest officials helped in lynching Madhu: Madhu’s family                                              Madhu’s post-mortem begins under heavy protection                                              Govt fails, violence against minorities increased: National Commission for Minorities                                              PNB fraud: Govt moves NCLT to attach properties of Nirav Modi, Choksi                                              Modi to launch Amma Two-wheeler Scheme in Chennai                                              PNB fraud case: ‘Very tough to clear dues or pay salaries’, Choksi writes to employees                                              Burqa-clad women playing board game at Mecca's mosque spark controversy                                              Canada flew celebrity chef to India at taxpayer expense for Trudeau                                              Indian women eye a rare double series win against SA                                              ISL: Chennaiyin to take on resurgent Blasters in crucial tie                                              Strandja Boxing Tournament: Mary Kom advances to semis                                              Kaumudi Facebook
       BUSINESS Next Article: Commerce min to bring policy for agri exports soon: Prabhu  
       Sensex tanks 223 points on N Korea jitters
 
         Posted on :12:30:18 Sep 6, 2017
   
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       Last edited on:12:30:18 Sep 6, 2017
         Tags: Sensex tanks 223 points on N Korea jitters
 

MUMBAI: The BSE Sensex slumped over 223 points and the NSE Nifty slipped below the 9,900-mark in early trade Wednesday as realty, metal and banking stocks fell amid weak global cues on lingering worries about North Korea.

The rupee depreciating by 12 paise to 64.24 against the dollar in early trade had a bearing on market sentiment.

The BSE 30-share barometer dropped by 223.02 points or 0.70 per cent to 31,586.53.

The gauge had gained 107.30 points in the previous session.

All sectoral indices led by realty, healthcare, metal and banking were in the red.

The NSE Nifty was trading down by 69.65 points, or 0.69 per cent, at 9,882.55.

Brokers said that apart from continuous foreign fund outflows, deep losses at other Asian bourses and the US markets as investors reacted with dismay to lingering worries about North Korea nuclear crisis led to a slide in the Sensex.

Major losers that dragged down the key indices were Sun Pharma, Adani Ports, Dr Reddy's, Infosys, HDFC Bank, ITC Ltd, ICICI Bank, Tata Steel, Axis Bank and HDFC Ltd, declining up to 2.37 per cent.

Hong Kong's Hang Seng fell 1.06 per cent, while Shanghai Composite Index down 0.39 per cent in early trade today.

Japan's Nikkei too was quoting lower by 0.31 per cent.

The US Dow Jones Industrial Average tumbled 1.07 per cent in yesterday's trade.

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       BUSINESS
Next Article: Commerce min to bring policy for agri exports soon: Prabhu
 
 
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