Markets have slipped sharply in the afternoon trades after a sudden bout of selling I scrips across the sectors have dragged the Nifty below the 4500 levels. Sentiment was badly hit after the Shanghai index in China crumbled by 5% led by fall in metals and reall estate stocks. Among the 30-components of Sensex, 29 stocks are in the negative terrain and only TCS is in the green. Among the major laggards are, ICICI Bank, Reliance Industries, HDFC, L&T, Infosys and DLF. At 12:04 pm (IST), the BSE 30-share Sensex slipped 306 points at 15,020 and the NSE Nifty was down 103 points at 4,461.Source:www.indiainfoline.com/news/innernews.asp?storyId=109936&lmn=1
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