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BSE Sensex drop 0.7 pct; banks down ahead of data
Sensex falls on Macquarie fund report, Infosys
The BSE Sensex reversed early gains to fall more than 1 percent after a Reuters report said Macquarie's Asia hedge fund has exited its short positions in Indian single stock futures in response to proposed tax rules that could lower investment returns. India's No.2 software exporter Infosys also pulled down the main index after the company said it was under scrutiny from U.S. authorities for likely