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Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts

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SI Reporter  |  New Delhi 



Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

CLOSING BELL

A triple whammy of rising crude oil prices, sell-off by FIIs, and fears of liquidity taps running dry amid monetary policy tightening, hit benchmark indices on Monday. READ REASONS FOR MARKET FALL HERE

The frontline S&P gyrated 1,346 points intra-day and ended 1,024 points, or 1.75 per cent, lower at 57,621. On the NSE, the Nifty50 breached below the 17,150-mark intra-day but settled at 17,214, down 303 points or 1.73 per cent.

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First Published: Mon, February 07 2022. 08:21 IST

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