The market continued to see selling pressure despite positive European cues. The Sensex declined 95.53 points to 26022.32 and the Nifty fell 27.95 points to 7903.40.
The broader markets outperformed benchmarks. The market breadth was positive as about 1417 shares advanced against 1237 declining shares on the BSE.
Lupin dropped 2 percent on profit booking while HDFC Bank rebounded with marginal gains.
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