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       Sensex edges lower by 88 pts on global weakness
 
         Posted on :11:34:39 Apr 17, 2017
   
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       Last edited on:11:34:39 Apr 17, 2017
         Tags: Sensex lower by 88 pts
 

MUMBAI: Geo-political issues continued to dominate the scene as the Sensex slipped over 88 points in early part on Monday, mirroring global losses.

The weakness remained for the third session as the 30-share index fell 88.32 points, or 0.30 per cent, to 29,373.13. Much of the softness came from metal, IT, FMCG, technology and auto.

The gauge had lost 326.90 points in the previous two sessions.

Also, the NSE Nifty dropped 21.25 points, or 0.23 per cent, to 9,129.55.

Asian shares showed a weak trend after geo-political muscle-flexing over Syria, Afghanistan and the Korean Peninsula, which weighed on sentiment.

The market was shut on Friday for Ambedkar Jayanti and Good Friday.

While Hong Kong's Hang Seng was down 0.21 per cent, Japan's Nikkei shed 0.31 per cent. The Shanghai Composite index fell 1.02 per cent in early trade on Monday.

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Sensex closes higher, Nifty advances as inflation cools  
RBI issues new Rs.500 bank notes with inset letter 'A'  
Govt close to resolution on stressed power projects: Goyal  
Inflation at record low of 2.18%; factory output slows to 3.1%  
Cut down on salads to save costs: AI staff  
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GST Council revises rates for cinema tickets  
GoAir to launch additional flight on Delhi-Patna route  
Alibaba Cloud to open data centres in India, Indonesia  
 
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