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Bears tighten grip on Indian stocks amid thin trade on weak global cues

The NSE Nifty 50 Index also retreated 0.84%, or 90 points to end at 10,663.5

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Domestic Indian stocks declined for a third day in holiday-thinned trading as the threat of slower global growth and its impact on corporate earnings added to uncertainty at the end of a tough year. The BSE Sensex dropped 0.8 per cent, or 272 points to 35,470, with bulk of the losses coming in the last hour of the session. Volumes were about 40 per cent below than the 30-day average. The NSE Nifty 50 Index also retreated 0.84 per cent, or 90 points to end at 10,663.5. Markets globally were roiled last week as renewed US-China tensions and concern about a partial US ...