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Market Close: Sensex, Nifty sink further

Gayathri Udyawar / Article rating: 4.3

Market on Wednesday opened in the green but soon after the pre-opening session slipped in the red zone. Market trade around the 38,000 level for the most part of the first half of the day and then lost more ground in the afternoon session to close down by 487 points or 1.27 per cent. The biggest draggers were Tata Motors and Reliance.

Sensex again dips by 323 points

Gayathri Udyawar / Article rating: 5.0

Market held its fort until lunch hours on Tuesday but could not sustain and started slipping in the afternoon session and tanked more than 300 points in the last half an hour of trade. Rise of crude oil prices in the international market led to negative sentiments hit the stocks of oil retailers led by Reliance.

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