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Stock Market Closing News:
BSE Sensex and Nifty remained sharply lower today despite
wholesale inflation falling to nearly 5-year low of 3.74 per cent in August. A
sharp fall in food and fuel prices helped cool inflation, data showed.
Sensex was down 200 points at 26,860 while Nifty fell 55 points to 8,049. The selling pressure was broad-based barring some defensive buying in some pharma stocks. Among major Nifty losers, HDFC, Asian Paints, JSPL were down nearly 2 per cent.
The broader markets however attracted some buying activity. The BSE smallcap index was up 0.66 per cent while the midcap index rose 0.4 per cent.
Sensex was down 200 points at 26,860 while Nifty fell 55 points to 8,049. The selling pressure was broad-based barring some defensive buying in some pharma stocks. Among major Nifty losers, HDFC, Asian Paints, JSPL were down nearly 2 per cent.
The broader markets however attracted some buying activity. The BSE smallcap index was up 0.66 per cent while the midcap index rose 0.4 per cent.
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