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Markets slip into red on weak IIP numbers

As a knee jerk reaction to  the weak IIP numbers, the Sensex has slipped into the red and is currently trading down 101 points at 19,095 and the Nifty lost 25 points to trade at 5,728. In the broader markets, the smallcap is down 0.2% and the midcap slipped 0.1% is ouperforming as compared to the benchmark index down 0.5%. India's industrial output in November rose a slower-than-expected 2.7% from a year earlier, well below the previous month's revised annual growth of 11.3%, government data showed. On the BSE sectoral charts, Bankex, Consumer Durables and It are the only indices in ...