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Bears grip D-St, Nifty slips below 17100, Sensex tanks 800 pts; Reliance ICICI Bank drag
Indian benchmark indices opened on a negative note with Nifty below 17200 on the back of weak global cues. The Sensex was down 564.77 points or 0.97% at 57534.15, and the Nifty was down 172.30 points or 0.99% at 17155. Weakness spread to broader markets as well, as Nifty MidCap 100 and Nifty SmallCap 100 indices dropped up to 2 per cent. All sectors plunged in the red with Nifty Auto, Nifty Metal, and Nifty Realty indices witnessing a selloff. Reliance Industries and ICICI Bank were the top index draggers.