In India, the sectoral indices on NSE saw heavy selling across the board. Nifty Auto dropped by more than 2 per cent, Nifty IT fell 1.87 per cent, Nifty Metal and Nifty Media each declined by 1.77 per cent, Nifty Pharma was down by 1.3 per cent, and Nifty PSU Bank dropped by 1.86 per cent
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