Sensex falls 678 points as banking, IT shares drag; Nifty ends below 17,700

Equity indices extended losses for the third straight day on Friday with the benchmark BSE sensex falling over 650 points dragged by banking and IT stocks. The 30-share BSE index fell 678 points or 1.13 per cent to close at 59,307. While the broader NSE Nifty settled 186 points or 1.04 per cent lower at 17,671.

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