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Sensex takes a big hit

Source : SIFY
Last Updated: Tue, Feb 26, 2013 10:14 hrs
People walk pass BSE building in Mumbai

Stocks plunged sharply on the Indian bourses on Tuesday as investors indulged in heavy selling right through the session.

Weakness in global markets amid renewed economic worries triggered the sell-off.

The Sensex ended at 19,031.96 (provisional) with a loss of almost 300 points or 1.55%.

The Nifty closed at 5767.50, down 87.25 points or 1.49%.

Automobile, capital goods and oil stocks declined sharply.

PSU, metal, healthcare, bank, realty and power stocks also mostly ended notably lower.

FMCG stocks ended on a mixed note.

Select IT stocks posted strong gains.

Midcap and smallcap stocks tumbled once again.

The market breadth was very weak.


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