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The Nifty fell 80.70 points to close to at 7,568 while
Sensex ended 259 points lower at 25,329.
The Nifty and Sensex fell more than 1 per cent on Friday,
marking their second consecutive weekly decline, as blue-chips such as Larsen
& Toubro slumped on global risk aversion after U.S. President Barack Obama
authorised targeted air strikes in Iraq.
The broader Nifty lost 1.05 percent, its third straight
session of falls, while also closing below its 50-day moving average for the
first time since Feb. 21.
Larsen & Toubro lost 2.7 per cent while HDFC Bank
fell 1.9 per cent.
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