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Sensex drops 345 points, Nifty slips 119 points


Indian shares dropped on Monday as subdued corporate results dampened market sentiment but the losses were curbed by gains in

The closed 368 points lower at 35,656 while the was down 119 at 10,661.

Among prominent losers were Adani Ports which dropped over 9 per cent, Bank and

closed at Rs 344.60 following reports that the CBI transferred the investigating in Bank case as its discreet inquiry suggested his role in leaking information related to searches.

However, Zee Entertainment jumped over 15 per cent to close at Rs 368.50 after reports of a successful meeting with the lenders.

The overall sentiment was damp due to a weak quarterly number by select heavyweight corporates.

Asian stocks ruled higher after US agreed on Friday to end a 35-day old partial shutdown of the government shutdown.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 28 2019. 16:32 IST