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The BSE Sensex ran up more losses for the second straight day slipping 231 points — its biggest single-day fall in over two weeks — to end below the 26,000-mark after Fed chair Janet Yellen hinted at a rate hike. The 50-share NSE Nifty closed lower by 67.20 points, or 0.85 per cent, at 7,864.15.
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Senior-most Supreme Court judge Justice Tirath Singh Thakur, who delivered important verdicts including on BCCI reforms and Saradha scam, was today sworn in as 43rd Chief Justice of India by President Pranab Mukherjee.
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Sensex intraday: The BSE Sensex hit a low of 25,857.35 before settling at 25,886.62, a fall of 231.23, or 0.89 per cent — its biggest single-day drop since November 18.
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Tracking a weak overseas trend, gold prices tumbled by Rs 200 to Rs 25,350, extending its slide for the second straight day at the bullion market on Thursday. Silver too remained under selling pressure and dropped by 450 to trade below the 34,000-mark at Rs 33,700 per kg.
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Services sector output stagnated in November after four consecutive months of expansion, as business sentiments hit the decade-low level and order flow turned sluggish, a new survey showed on Thursday, painting a "gloomy" picture about economic activities in the country.
‘Comfort is a trap’: Software engineer’s 15-year journey ends with hard truths, says ‘performance isn’t enough’
