The Sensex lost 300 points yesterday, nearly 1.74 per cent to end at 17,070 points, as the weakness in European markets weighed down trading sentiments in India as well. All sectoral indices ended in the red with realty, technology and metals stocks leading the fall. The losers included Infosys, BHEL and Hindalco who tanked 3.5% each.
The European markets started the trading week with sizeable declines. Stocks were weak across the board, especially shares of financial stocks and banks. The results from the first round of presidential elections in France sparked concerns, just as did as the political crisis in the Netherlands.
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