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Markets slide. Sensex down over 300 points

Markets have slid heavily in the wake of weak cues from the global markets. Stocks from all the sectors are trading in the deep red region.

The Sensex is down 312.08 points at 20816.48, and the Nifty is down 89.85 points at 6170.90 (-1.54%).

TCS, HCL Tech have been holding mildly in the red. The IT stocks have given a bit of strength to the indices.

Bank Nifty is down by 2.8%. Banking stocks have been hammered heavily.

Dewan Housing, Coromandel have seen declines of over 7%.

The Auto Index is down by nearly 2%. Tata Motors which is witnessing 3% cuts is down due to the demise of one of its managing directors.


 

 

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