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Sensex ends 373.93 points lower, Nifty near 23,900, IT and auto shares under pressure

Benchmark indices Sensex and Nifty ended the volatile session in the red. While auto and IT stocks dragged markets down, value buying in banking stocks helped the market recover from its intraday lows. The 30-share BSE Sensex closed 373.93 points or 0.49 per cent lower at 76,570.35. During the day, the benchmark hit a high of 76,570.35 and a low of 76,135.72, gyrating 434.63 points. The 50-share NSE Nifty ended with a fall of 141.35 points or 0.59 per cent and closed the session at 23,914.45. Similarly, the broader market ended the session mixed. While the BSE MidCap Select Index dropped 96.15 points or 0.51 per cent, the BSE SmallCap Select Index fell 56.45 points or 0.61 per cent.