Sensex falls 100 pts, Nifty holds 12,100; Indiabulls Housing surges 10%

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Market benchmark BSE Sensex dropped over 100 points in early trade on Friday tracking losses in in index-heavyweights RIL and ICICI Bank ahead of quarterly GDP growth data release. Retreating from its lifetime peak scaled in the previous session, the 30-share index was trading 158.97 points, or 0.39 per cent, lower at 40,971.20 in morning session. Similarly, the broader NSE Nifty was quoting 38.45 points, or 0.32 per cent, down at 12,112.70.

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Watch Sensex falls 100 pts, Nifty holds 12,100; Indiabulls Housing surges 10% With HD Quality.

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    Domestic markets extended their decline to Friday's session, after tanking over 1 per cent in the previous session, as global markets remained weak amid fresh trade war jitters and growing worries about the health of nonbanking finance companies (NBFCs). Private banks were the top mood dampeners. At around 9:30 am, BSE benchmark Sensex was down 193 points or 0.49 per cent at 39,337 while NSE barometer Nifty breached the 11,800 mark and was trading 49 points or 0.41 per cent lower at 11,794.




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