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Sensex sheds 456pts, Nifty gives up 18,300; Airtel, SBI buck the trend

Stock market LIVE: All sectoral indices barring telecom ended in the the negative zone; Declining stocks out-numbered advancing shares in the ratio 2:1 on the BSE

Sensex down 400 pts; Nifty tests 18,250; realty, FMCGs crack; PSBs shine
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SI Reporter New Delhi
Closing Bell:

The markets ended Wednesday's trading session with notable losses on account of profit-taking in metals, energy, capital goods and consumer-related stocks like FMCG, durables and discretionary goods & services. Midcap and Smallcap stocks bore the brunt of the selling pressure during the course of the day.

The BSE benchmark index touched a high of 61,880 in morning trades, but soon reversed course and remained in the negative zone for the major part of the trading day. The Sensex dropped to a low of 61,109, and evenutally ended 456 points lower at 61,260.

The NSE Nifty