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Sensex tanks 671 points to 79,477.83 in early trade, Nifty tumbles 202.7 points

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Sensex on Thursday tanked 671 points to 79,477.83 in early trade; Nifty tumbles 202.7 points to 24,210.80.

Benchmark BSE Sensex declined for the fourth day in a row on Wednesday due to selling in financial and banking shares and the government’s move to hike securities transaction tax and short term capital gains tax.

The article originally appeared on Deccan Herald.

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