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Sensex dropped 143 points due to weak global cues

Sensex sheds around 143 points on weak global cues; as the financial stocks tumble very well. Additionally, an Equity benchmark Sensex has been dropped 143 points on Friday, that dragged by losses in financial stocks and negative cues from Asian peers as well. The 30-share index ended around 143.36 points, or around 0.39 percent, lower at around 36,594.33 as well.
Equity benchmark Sensex dropped at around 143 points on Friday, that dragged by in the losses financial stocks and also negative cues from the Asian peers.

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The 30-share index ended at around 143.36 points, or around 0.39 percent, lower at around 36,594.33 as well.
The NSE Nifty shed around 45.40 points, or around 0.42 percent, to close at 10,768.05 as well.

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Axis Bank was the top loser in the Sensex pack, skidding over of around 3 percent, that followed by IndusInd Bank, Titan, HDFC, ICICI Bank, ONGC as well as HDFC Bank very well.

On the other hand, Reliance Industries, Sun Pharma, HUL, Bharti Airtel, and also TCS were among with the gainers also.

According to the traders, domestic benchmarks followed the negative trend in other Asian equities as concerns over a fresh spike in world wide novel COVID-19 serious cases, and its impact on economic recovery weighed on investor sentiment.

The number of cases around the world linked to the disease has crossed around of 1.22 crore and also the death toll has topped at 5.54 lakh as well.

In India, the number of infections has been spiked to around 7.93 lakh, with around of 21,604 fatalities as well.

Bourses in Shanghai, Hong Kong, Tokyo, and also Seoul ended with significant losses, whereas stock exchanges in Europe started on a positive note as well.

However, an international oil benchmark Brent crude futures slipped around 2.08 percent to about USD 41.47 per barrel as well.

Also Read: The S&P BSE Sensex rallied 564 points to end the day at 34,772 and the Nifty50 closed at 168 points higher at 10,257 on June 19