Sensex Down 300 Points, Nifty Below 19,700

Producer: Nibandh Vinod

Domestic markets started Wednesday’s trade on a weak note, tracking subdued cues from global markets.

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Benchmark indices the S&P BSE Sensex dropped over 300 points or 0.4 per cent to trade around 66,197 levels.

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Nifty50 skid over 50 points or 0.4 per cent below 19,700 levels.

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Nifty Midcap 100 and Nifty Smallcap 100 indices too slipped up to 0.4 per cent.

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Elsewhere in Asia, Japan’s Nikkei 225 led losses with a cut of 1.21 per cent.

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South Korea’s Kospi fell 0.64 per cent, and Australia’s S&P/ASX 200 dropped 0.67 per cent.

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In the US, the Dow Jones Industrial Average settled 0.2 per cent higher on Tuesday.

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The S&P 500 lost 0.27 per cent and the Nasdaq Composite was down 0.43 per cent.

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