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Sensex dips 13 points on bad economic data

Samvat 2068 ended on a cautious note as the BSE benchmark Sensex on Monday lost 13.3 points to close at 18,670.34 on selling over sticky retail-level inflation, weak industrial output and record-high trade deficit. Brokers said that investors were seen adjusting their portfolios ahead of a special ‘Muhurat’ trading on Diwali on Tuesday, followed by a holiday on Wednesday. The special 75-minute ‘Muhurat’ trading will be between 3:45 pm and 5 pm to start Samvat 2069.

The Sensex rose by around 8.2 per cent in Samvat 2068.

The Sensex, which had lost 219 points in the past two days, resumed a tad higher on Monday but moved in a narrow range of over 140 points before concluding 13.34 points lower at 18,670.34, extending the string of losses to three straight days.

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