Sensex falls over 200 pts; Nifty tests 11,800

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PTI, Mumbai :
Domestic equity benchmark BSE Sensex fell over 200 points in early trade Friday led by losses in financial stocks amid concerns over the state of the NBFC sector.
The 30-share index was trading 211.04 points, or 0.53 per cent, lower at 39,318.68, and the broader Nifty slipped 34.25 points, or 0.29 per cent, to 11,809.50.
On Thursday, both benchmark indices posted their biggest one-day drop this year after the RBI delivered a rate cut on expected lines but failed to allay investor concerns regarding the non-banking financial company (NBFC) sector.
In the previous session, the 30-share BSE Sensex cracked 553.82 points, or 1.38 per cent, to settle at 39,529.72. The broader NSE Nifty plunged 177.90 points, or 1.48 per cent, to end at 11,843.75.
Top losers in the Sensex pack include IndusInd Bank, Sun Pharma, Kotak Bank, Maruti, PowerGrid, HUL, ONGC, TCS, RIL and HDFC twins, falling up to 1.38 per cent.
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