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Sensex, Nifty fall as banks drag on telecom exposure
- By Reuters |
- bigstories
BENGALURU - Indian shares fell on Monday, dragged down by bank shares on worries over exposure to telecom firms, while energy stocks fell on concerns due to falling fuel demand caused by the coronavirus outbreak. The broader NSE Nifty 50 index closed down 0.5% at 12,045.80 and the benchmark S&P BSE Sensex ended 0.47% lower at 41,061.86. Both the indices closed higher last week for a second straight week. Only 13 stocks in Nifty 50 traded in the green, while one company was mostly unchanged. Banking stocks were ...
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