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February 18, Sunday 2018 12:59 AM       

       HEADLINES: Devaswom Board: Discrepancy in appointments to different posts                                              Student of study tour group drown to death in Karnataka                                              Shuhaib murder: Police get hints about culprits, arrest within two days                                              Actress attack case: Probe to find phone stalled, Dileep insists on examining visuals                                              Shamseer’s statement puts CPM in defensive                                              Mumbai airport to be shut for 6 hours on April 9, 10                                              Tripura goes to polls Sunday, BJP main challenger                                              PNB fraud: CBI arrests three including two PNB officials                                              Arunachal: Thousands quit BJP, rejoin Congress                                              India, Iran sign nine MoUs                                              7.2 magnitude earthquake jolts Mexico                                              A Queen's husband will not be buried next to her plot                                              How heroic Indian-origin teacher saved many during Florida shooting                                              Ex-Playmate alleges affair with Donald Trump                                              Should Melania 'leave' Donald Trump? See what polls say                                              ISL: Kerala Blasters pips North East United 1-0                                              Kaumudi Facebook
       BUSINESS Next Article: Commerce min to bring policy for agri exports soon: Prabhu  
       Sensex tanks 223 points on N Korea jitters
 
         Posted on :12:30:18 Sep 6, 2017
   
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       Last edited on:12:30:18 Sep 6, 2017
         Tags: Sensex tanks 223 points on N Korea jitters
 

MUMBAI: The BSE Sensex slumped over 223 points and the NSE Nifty slipped below the 9,900-mark in early trade Wednesday as realty, metal and banking stocks fell amid weak global cues on lingering worries about North Korea.

The rupee depreciating by 12 paise to 64.24 against the dollar in early trade had a bearing on market sentiment.

The BSE 30-share barometer dropped by 223.02 points or 0.70 per cent to 31,586.53.

The gauge had gained 107.30 points in the previous session.

All sectoral indices led by realty, healthcare, metal and banking were in the red.

The NSE Nifty was trading down by 69.65 points, or 0.69 per cent, at 9,882.55.

Brokers said that apart from continuous foreign fund outflows, deep losses at other Asian bourses and the US markets as investors reacted with dismay to lingering worries about North Korea nuclear crisis led to a slide in the Sensex.

Major losers that dragged down the key indices were Sun Pharma, Adani Ports, Dr Reddy's, Infosys, HDFC Bank, ITC Ltd, ICICI Bank, Tata Steel, Axis Bank and HDFC Ltd, declining up to 2.37 per cent.

Hong Kong's Hang Seng fell 1.06 per cent, while Shanghai Composite Index down 0.39 per cent in early trade today.

Japan's Nikkei too was quoting lower by 0.31 per cent.

The US Dow Jones Industrial Average tumbled 1.07 per cent in yesterday's trade.

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       BUSINESS
Next Article: Commerce min to bring policy for agri exports soon: Prabhu
 
 
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