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Weak Asian cues push equity indices in red zone

The key Indian equity indices opened on a negative note on Monday tracking a similar trend in the Asian markets.

Weak Asian cues push equity indices in red zone

Representational Image (Photo: iStock)

The key Indian equity indices opened on a negative note on Monday tracking a similar trend in the Asian markets.

Heavy selling pressure was witnessed in banking, auto and metal stocks, analysts said.

At 11.13 am the wider Nifty50 on the National Stocks Exchange traded at 11,362.25 points, lower by 67.25 points or 0.59 per cent from its previous close.

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The S&P BSE Sensex which had opened at 37,693.19 points, traded at 37,650.47 points, lower by 218.76 points or 0.58 per cent from the previous close of 37,869.23 points.

At 9.30 am the Nifty50 was trading at 11,362.50 points and the Sensex was at 37,693.19 points.

It has touched a high of 37,693.19 points and a low of 37,581.07 points so far.

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