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Sensex ends below 28,000 led by financials; ICICI Bank dips 2%

Financials were the top losers after sharp gains in the previous session along with ITC

Tulemino Antao  |  Mumbai 

Markets consolidated for most part of the trading session to end marginally lower with financials leading the decline along with FMCG majors. The S&P BSE Sensex ended down 67 points at 27,984 and the Nifty50 closed 19 points lower at 8,659. In the broader market, the BSE Midcap ended flat while the Smallcap index gained 0.6%. Market breadth ended positive with 1636 gainers and 1176 losers on the BSE. "Yesterday's rally was more of a pullback with strong short covering led by financials. Investors are seen booking profits at higher levels while stock specific action is seen ...

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