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Mumbai: Profit booking along with caution ahead of release of key macro-data and subdued quarterly earnings pulled the two key Indian equity indices lower on Monday. Accordingly, the S&P BSE Sensex fell 150 points, while the Nifty ended below the 10,900-point mark. Barring the IT and Teck stocks, all other sectors ended lower. On the NSE, PSU Bank Nifty closed 1.74 per cent down. The pharma sector also witnessed heavy selling pressure. Selling pressure continued in the market despite a rebound in global markets as investors turned risk-averse due to upcoming elections, said Vinod Nair, Head of Research, Geojit Financial Services. (IANS)
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12/02/2019
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