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Indo-Pak tensions drag markets: Nifty ends below 9400, Sensex drops 200 pts

Pharma stocks were the biggest losers with Nifty Pharma posting sixth consecutive session of loss

Pranati Deva  |  New Delhi 

Benchmark indices settled lower with the S&P BSE Sensex shedding 200 points and Nifty 50 ending below 9,400-level as investors booked profit in recent outperformers. The sentiment was also dragged by geopolitical tensions as Indian army strikes Pakistan military posts.   The street also took cues from the global markets which were mostly trading lower post the explosion, at a concert by US singer Ariana Grande shook Manchester.   The S&P BSE Sensex ended at 30,365, down 205 points, while the broader Nifty50 settled at 9,386, down 52 points. The broader market ...

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First Published: Tue, May 23 2017. 15:36 IST
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