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Sensex Slumps 900 Points As Markets On Track To Record Worst Day Of 2019
Sensex slips below 38,850 mark in intraday trade Forty five stocks on Nifty struggle with losses Higher taxes for foreign investors, super rich spooking markets: analysts
08 Jul 2019, 02:37 PM IST 
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Auto and banking shares were among the worst performers in today's session amid broad-based selling pressure.
At 1:12 pm, the Sensex traded 682.03 points - or 1.73 per cent - lower at 38,831.36 while the Nifty was down 217.60 points - or 1.84 per cent - at 11,593.55.
"Higher tax incidence proposed in the Budget for foreign portfolio investors and high net worth individuals is spooking the markets," AK Prabhakar, head of research ...
