The BSE Sensex and NSE Nifty fell 1% each in afternoon trade due to further fall in rate sensitives, after rising inflation trimmed rate-cut hopes.
The 30-share BSE benchmark tumbled 166.58 points to 16,713.93 and the 50-share NSE benchmark lost 57 points to 5,064.45.
Epic Update : Sensex drop 1%
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