Equity benchmarks closed lower after seeing consolidation in previous week. The Nifty managed to hold 9600 level.
The 30-share BSE Sensex was down 166.36 points at 31,095.70 and the 50-share NSE Nifty fell 51.85 points to 9,616.40.
The broader markets, too, lost half a percent on weak breadth. About 1,694 shares declined against 1,019 advancing shares on the BSE.
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