CLOSING BELL: Among the Sensex 30 shares, Titan, M&M, Maruti, HDFC and Bajaj Finserv were the major per centage losers.

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		<strong>STOCK MARKET HIGHLIGHTS</strong></div>
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		After exhibiting lacklustre movement for a major part of the trading day on Thursday, the key benchmark indices weakened in late trade owing to selling pressure in auto, IT and HDFC twins.</div>
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		The S&P BSE Sensex, which, touched a high of 62,051 in morning deals, dropped to a low of 61,643 &ndash;down over 400 points from the day&rsquo;s high. The Sensex finally ended 230 points lower at 61,751.</div>
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		The NSE Nifty 50, from a high of 18,418 fell to a low of 18,313, and eventually settled 66 points lower at 18,344.<br />
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		Among the Sensex 30 stocks, Titan and Mahindra & Mahindra (M&M) slipped over 2 per cent each. Maruti, HDFC, Dr.Reddy&#39;s, Bajaj Finserv and Infosys were the other prominent losers. On the positive front, Larsen & Toubro gained 1.3 per cent. PowerGrid also finished with a notable gain.<br />
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			The broader indices also declined in line with the BSE benchmark. The BSE Midcap and Smallcap indices were down 0.3 per cent each. The breadth was also negative, with almost 2,000 shares declining as against 1,516 stocks advancing on the BSE.</div>
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			Sectorally, the BSE Consumer Durables index dropped 1.7 per cent. The Auto and Power indices were down 1.3 per cent each, while the IT index slipped 0.8 per cent.</div>
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	Among individual stocks, shares of <strong>Paytm</strong>&nbsp;tanked over 10 per cent to Rs 540, after nearly 6 per cent equity of the company changed hands on the exchange via block deals. Technically, in case, the stock breaks its all-time low, it can slide all the way to Rs 400. <a href="https://www.business-standard.com/article/markets/paytm-can-slip-below-rs-400-if-bears-tighten-grip-delhivery-may-hit-rs-300-122111700323_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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		Shares of <strong>Tata Motors </strong>dipped 3 per cent in intra-day deals after Jaguar Land Rover&#39;s (JLR&#39;s) Chief Executive Officer (CEO) Thierry Bollor&eacute; announced his resignation from the company on Wednesday for personal reasons. He will serve his last day on December 31, 2022. <a href="https://www.business-standard.com/article/markets/tata-motors-dips-3-as-jlr-ceo-thierry-bollore-resigns-w-e-f-december-31-122111700390_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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			<strong>R Systems International</strong> soared 15.7 per cent after private equity player Blackstone made an open offer to acquire majority stake in the IT-enabled services company at price of Rs 245 per share. <a href="https://www.business-standard.com/article/markets/r-systems-zooms-20-on-blackstone-s-open-offer-to-acquire-majority-stake-122111700257_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10%

Business Standard

Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10% | News on Markets - Business Standard

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Asia-Pacific markets edge lower in early trade: Hang Seng drops 2%

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US markets slip on Wednesday after stronger-than-expected retail sales data

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Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10%

CLOSING BELL: Among the Sensex 30 shares, Titan, M&M, Maruti, HDFC and Bajaj Finserv were the major per centage losers.

SGX Nifty signals a flat start to trade

Asia-Pacific markets edge lower in early trade: Hang Seng drops 2%

US markets slip on Wednesday after stronger-than-expected retail sales data

Good morning readers! Catch all live market updates here with Business Standard