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The market continued to be under selling pressure in morning trade following global weakness. All sectoral indices traded in red with the Nifty Energy, Bank and Metal falling more than 2 percent.
The 30-share BSE Sensex fell 379.90 points or 1.55 percent to 24099.94 and the 50-share NSE Nifty declined 118.10 points or 1.59 percent to 7317. The BSE Midcap and Smallcap indices lost more than 1.6 percent.