Sensex in red; RCom surges 15%, Idea up 3%
The S&P BSE Sensex slipped over 100 points in trade, led by losses in HDFC Bank, ITC, HDFC, ICICI Bank and TCS. Tracking the momentum, the 50-share Nifty index also came under bit of pressure and broke below its crucial psychological support level of 8750, weighed down by losses in auto, banks, consumer durable and metal stocks.
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