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Share Markets Continue Trading In Red, Sensex Breaches 85,500, Nifty Tests 26,100

Dalal Street opened Tuesday trading with a negative sentiment prevalent in the market. Following the lead from the previous session, the BSE Sensex began trading today at 85,427, tanking more than 200 points, while the NSE Nifty50 touched 26,117, falling over 50 points, around 9:15 AM.

In the pre-open session around 9:09 AM, markets indicated a weak start as the Sensex slipped over 300 points toward 85,300, while the Nifty hovered below the 26,100 mark, signalling caution among investors following Monday’s volatile session.

Notably, benchmark indices touched fresh all-time highs on December 1, before erasing all gains and settling the trade marginally lower. The Sensex, which had surged 452.35 points or 0.52 per cent to an intra-day peak of 86,159.02, eventually surrendered gains to close 64.77 points or 0.08 per cent lower at 85,641.90.

The Nifty also followed a similar trajectory, ending 27.20 points or 0.10 per cent lower at 26,175.75, after hitting a record high of 26,325.80 earlier in the day.

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