Market Closing: Benchmark indices snapped three-day winning streak, dented by weak global cues and sharp fall in rupee.
Banking & financials are the major losers that pulled the market lower in trade today.
The 30-share BSE Sensex dropped 216.24 points or 0.61 percent to Rs 34,949.24 and the 50-share NSE Nifty fell 55.40 points to 10,633.30 while Nifty Midcap was down 0.35 percent.
Bank of India, PC Jeweller, Bank of Baroda, Balrampur Chini, HCC, Canara Bank and Strides Shasun were under pressure.
Ruchi Soya, Ashok Leyland, Idea Cellular, SAIL and BHEL gained up to 4 percent.
Stock market continues to ignore threats from trade war
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