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September 25, Monday 2017 8:50 PM       

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       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
 
 
BUSINESS HEADLINES
Sensex logs more losses, Nifty weakens  
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NDTV shareholders approve sale of its auto e-commerce unit  
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Etihad Airways launches 'fly now pay later' scheme  
Fall in prices of select commodities  
Arvind Subramanian to continue as Chief Economic Advisor  
Note ban was a shake-up, achieved its main objectives: Jaitley  
Stressed assets core area of concern: Jaitley  
SBI launches FTSE SBI Bond Index series in London  
Sensex tanks 448 pts on global sell-off, falling rupee  
FinMin dispels concerns over high GST transition credit  
'Tax on fuel more important for a dry state like Gujarat'  
Tata battle: NCLAT grants shareholding waiver to Mistry  
Jaitley asks biz not to wait till last day to file GST returns  
"Distinct Person" under the GST Act is a recipe for inviting tax litigation  
Tata Technologies appoints JK Gupta as new Chief Financial Officer  
Nifty ends flat amid caution ahead of Fed meet  
Ministry of Tourism reports 11 pct growth in FTA in August  
Fuel prices may come down by Diwali: Pradhan  
GST on petrol, diesel requires wider discussion: Nitish  
Nifty ends at new peak 10,153, Sensex soars 151 pts  
Nifty scales fresh peak of 10,167.15, Sensex climbs 235 pts  
MiG eyes deal to supply military jets to Navy  
RBI likely to keep policy rate on hold till fiscal-end: Report  
 
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