Sensex, Nifty Off Day’s Lows; Banking, Metal Shares Worst Hit

As of 12:53 pm, the Sensex was down 159 points to 50,687
The Indian equity benchmarks came off intraday low levels on the back of buying in index heavyweight Reliance Industries, Maruti Suzuki and Larsen Toubro. However, weakness in banking and financial services shares weighed upon the benchmarks. The equity benchmarks staged a gap down opening on the back of weak global cure wherein the Sensex fell as much as 535 points and Nifty moved below 14,950. 15,000 on Nifty was seen as strong support level,…

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