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Covid Casualty: Global cues, profit booking subdue equity markets
TIWN
TIWN
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Mumbai, July 19 (TIWN) Profit booking subdued India's equity markets during the morning trade session on Monday.
Initially, the equity markets had a gap-down opening due to negative global cues which emanated from rising Covid cases.
Sectorally, IT, Pharma and Realty sectors moved up while Banking, Financials and Metal sectors slipped. Consequently, the BSE Sensex traded at 52,761.74 points, at 11.20 a.m., lower by 378.32 points or 0.71 per cent from its previous close.
The Nifty50 on the National Stock Exchange traded at 15,822.20, lower by 101.20 points or 0.64 per cent from its previous close.
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