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Wockhardt, KPIT Technologies, Emami and Laurus Labs declined 1-4 percent while MOIL, Ester Industries and Mahindra Logistics were down 3-10 percent.Shares of MOIL rose more than 4 percent in morning as company to consider buyback of its equity shares.
The meeting of board of directors of the company will be held on February 05 to consider the proposal for buy back of the fully paid-up equity shares of the company. Bears tightened their grip on Dalal Street in morning session as benchmark indices extended losses, with the Sensex falling around 250 points due to selling pressure in banking & financials, technology, FMCG and pharma stocks.
However, PSU Bank index bucked the trend, rising over a percent.
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