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F&O expiry day: Sensex gives up 59000, fresh uptrend in Nifty likely above 17700 breakout; what dragged D-St?

BSE Sensex and NSE Nifty 50 ended 1.3 per cent down, each, on Thursday, a day of weekly F&O expiry. S&P BSE Sensex ended 770.48 points or 1.29 per cent lower at 58,766.59, and the NSE Nifty 50 settled 216.50 points or 1.22 per cent lower at 17,542.80. Index heavyweights such as Reliance Industries Ltd (RIL), Infosys, ICICI Bank, Tata Consultancy Services (TCS), and Housing Development Finance Corporation (HDFC), among others contributed the most to the indices fall. In the broader markets, S&P BSE MidCap and S&P BSE SmallCap indices ended half a per cent up. BSE MidCap index jumped …

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