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Sensex slumps 652 points; banking & financial stocks dip

August 19, Mumbai: The key indices of the Indian stock market, the Sensex and Nifty, fell more than 1% on Friday, dragged down by heavy selling pressure in banking and financial stocks amid negative global cues. The 30-stock S&P BSE Sensex fell 651.85 points, or 1.08 percent, to 59,646.15 points after closing at 60,298.00 points the previous…
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