Sensex, Nifty continue to fall; HDFC twins slip, telecom leads

Equity benchmarks continued to see selling pressure in afternoon trade, weighed down by banking & financials, technology and oil stocks.

The 30-share BSE Sensex declined 97.49 points to 25233 and the 50-share NSE Nifty slipped 27.15 points to 7687.75. The broader markets remained flat.

HDFC, HDFC Bank, Reliance Industries, Lupin and ONGC were biggest contributors to Sensex’s fall while Bharti Airtel, Bajaj Auto, Hindalco and Tata Steel gained 2-5 percent.

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