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From Deccan Herald

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Stock markets close lower amid elevated crude oil, rising inflation

Stock markets close lower amid elevated crude oil, rising inflation

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Mumbai: Benchmark stock indices Sensex and Nifty closed lower on Wednesday amid profit-taking after a sharp rally in the previous session, as a spike in wholesale price-based inflation and firm crude oil prices hit investor sentiment. The 30-share BSE Sensex declined 251.89 points, or 0.34 per cent…

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