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Sensex drops for 2nd day, sheds 341 pts; Nifty holds 10,000 mark for now

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Negative global cues, along with a depreciating domestic currency, pulled the Sensex down 140 points during the afternoon session of the trade on Friday.While auto and the telecom counters were the bright spot, heavy selling pressure was witnessed in IT, banking and TECK (technology, entertainment and media) stocks on the BSE.

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