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Sensex, Nifty fall; L&T, refiners drag


By Krishna V Kurup(Reuters) - Indian shares declined on Monday, with Larsen & Toubro Ltd dragging the indexes after it cut its full-year order flow growth guidance, while oil price worries kept energy shares such as Reliance Industries Ltd under pressure.Oil remained well supported as ongoing output cuts led by the Organization of the Petroleum Exporting Countries and Russia contributed to a significant reduction in excess supplies and as tensions in the Middle East raised the prospects of supply disruptions."Rising crude is weighing on the market and has become a major concern," said K K ...

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First Published: Mon, November 13 2017. 12:34 IST