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Sensex dips 295 points on China’s retaliatory remark, rupee weakness vs USD, higher crude oil

Indian stock markets (Sensex and Nifty) closed lower on Tuesday following the higher crude oil prices, China’s retaliatory comments on Trump’s tariffs and rupee falling 31 paise against US dollar. BSE Sensex plunged 294.84 points or 0.78% to end at 37,290.67, NSE Nifty lost 98.85 points or 0.87% to close at 11,278.90, Nifty Bank fell 378.85 points or 1.41% to 26,441.45 and