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Mumbai: Equity benchmark indices declined in initial trade on Wednesday, falling for the third day running, amid weak trends in IT counters and foreign fund outflows.

Weak trends in global markets



also added to the negative sentiments.

The 30-share BSE Sensex fell 168.88 points to 59,558.13. The broader NSE Nifty declined 48.35 points to 17,611.80.



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