Sensex ends down tracking global cues; Fed watched

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Reuters MUMBAI
Last Updated : Mar 15 2016 | 4:29 PM IST

MUMBAI (Reuters) - India's stock markets fell on Tuesday, a day after hitting a six-week high, dragged down by pharma stocks with Lupin hurting the most, and as Asian equities languished after the Bank of Japan offered a bleaker view of the country's economy.

The benchmark BSE Sensex ended down 1.02 percent at 24,551.17, while the broader NSE Nifty fell 1.04 percent to end at 7,460.60.

Up next, the market will closely watch the outcome of the U.S. Federal Reserve's two-day policy meeting, beginning on Tuesday.

(Reporting by Neha Dasgupta; Editing by Sherry Jacob-Phillips)

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First Published: Mar 15 2016 | 4:13 PM IST

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