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Stock Market: Equity indices end lower for fourth day in a row

Mumbai: Indian equity benchmark indices ended lower for fourth day in a row. The domestic benchmark indices shed  over 1.5% to their lowest since late October on Friday. The concern over sell-off in Wall Street stocks and an interest rate hike by US Federal Reserve influenced investors.

BSE Sensex crashed 980.93 points or 1.61% to close at 59,845.29. It is the lowest since October 28. NSE Nifty fell to17,806.80, lower by  320.55 points or 1.77%.  it is the lowest since October 28. NSE Nifty is settling below the 18,000-mark for the first time since November.

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The top losers  in the market were Tata Steel, Tata Motors, State Bank of India, Bajaj Finserv, Reliance Industries, Wipro, IndusInd Bank, Larsen & Toubro, and Maruti Suzuki. All sectoral indices in India, including the broader market ended lower.


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