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Sensex tanks 346 pts, Nifty ends below 10,500 on sell-off in PSU banks, auto stocks

Sensex and Nifty closed in the negative territory on Monday tracking weakness in the rupee, rising crude prices and heavy selling pressure in most PSU banks, metals, auto, NBFCs and realty stocks. According to market observers, cautioned also prevailed ahead of the release of major macroeconomic data later in the evening. Consumer Price Index (CPI)

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Share market HIGHLIGHTS: Sensex closes volatile trade 97 pts up; Nifty ends at 10,348; Yes Bank gains 7%

Sensex and Nifty — the benchmark indices of the Indian equity markets — made a smart recovery during the last hour of trade today led by gains in banks, auto and oil and gas stocks. The BSE Sensex traded within a range of over 660 points and ended 97.39 points or 0.28% higher at 34,474.38 points. The