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Sensex Drops 439.23 Points, Nifty Slumps 135.45 Points

The S&P BSE Sensex declined 1.5 percent to 27,643 while the NSE Nifty too fell 1.5 percent to close at 8,673.

Published
Business
1 min read
Indian shares fell several points after a combination of weak Chinese export data and talks of a US Federal Reserve rate hike coming “relatively soon”, spooked investors. (Photo: Reuters)
  • Indian shares dropped like nine pins after a combination of weak Chinese export data and talks of a US Federal Reserve rate hike coming “relatively soon” spooked investors.
  • The S&P BSE Sensex declined 1.5 percent to 27,643 while the NSE Nifty too fell 1.5 percent to close at 8,673.
  • The 50-share index briefly slipped below the 8,550-mark — a critical support area watched by technical analysts.

Read the full report on BloombergQuint.

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