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Share Market: Market suffers profit booking before budget, Sensex falls 800 points, Nifty also red

Stock Market Closing Bell: Indian stock market, after a great start to the day, fell prey to profit-booking. By the time the market closed, the Sensex fell 1.11 percent or 801.67 points and closed at 71,139.90. Whereas, Nifty fell 0.99 percent or 215.50 points and closed at 21,522.10. Today, heavy profit booking was seen in energy and consumer durables stocks. The market cap of companies listed on the Bombay Stock Exchange decreased from Rs 377.13 lakh crore to Rs 375.38 lakh crore. Midcap and smallcap shares were under pressure throughout the day. There was a rise in Government Bank, Realty and Metal shares. But they too failed to handle the decline in Energy, Infra, FMCG, Pharma, IT, PSE indices.

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