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Falling knife? Sensex extends fall 266 points

DNMUM394289 | 8/11/2017 | Author : DNA Money Correspondent | WC :365

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Mumbai: Dalal Street seems to be undergoing a consolidation mode after hitting life highs in the bygone week. Key indices languished in the red for the fourth consecutive session after succumbing to heavy selling pressure. Market surprises have only started, experts are of the view.
After opening lower, the 30-share Sensex recovered only to slip again to close at 31531.33 hitting a one-month low, after plunging 266.51 points, or 0.84%. The level was last seen on July 7 when it ended at 31360.63. The gauge had lost 527.57 points in the previous three sessions.
The NSE Nifty, on the other hand, recoiled to the 9800 mark, ending the day at 9820.25, down 87.80 points, or 0.89%.
Tata Motors emerged as the top los
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