Nifty, Sensex fall for third day as derivatives expiry weighs
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Nifty, Sensex fall for third day as derivatives expiry weighs

By Reuters

  • 26 Dec 2019
Nifty, Sensex fall for third day as derivatives expiry weighs
Credit: Reuters

Indian shares ended lower for the third consecutive session on Thursday due to volatility around the expiry of monthly derivative contracts, with Yes Bank falling nearly 5%.

Also weighing on markets were reports that India's government was unlikely to meet its disinvestment target and would possibly face an up to $7 billion hole in its budget, raising questions about its fiscal deficit.

The Nifty closed 0.72% lower at 12,126.55, while the Sensex also shed 0.72% to end at 41,163.76.

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With three trading sessions left in the year, the Nifty has risen 11.6% so far in 2019.

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