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Stock markets decline amid surging oil prices, foreign fund outflows

Deccan Herald
Karnataka based news
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Stock markets decline amid surging oil prices, foreign fund outflows
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Mumbai: Stock market benchmark indices Sensex and Nifty buckled under selling pressure on Tuesday as a sharp rally in oil prices and foreign fund outflows dented investors' sentiment.The 30-share BSE Sensex declined 416.72 points, or 0.54 per cent, to settle at 76,886.91. During the day, it lost 562.57 points, or 0.72 per cent, to 76,741.06.The 50-share gauge NSE Nifty dropped 97 points, or 0.40 per cent, to end at 23,995.70.From the 30-Sensex firms, Axis Bank, HCL Tech, InterGlobe Aviation, Mar

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