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The barometer, which fell nearly 35 points in the previous day's trading, fell further by 139.49 at 8,674.35 ahead of a long three-day weekend.
The key-index touched the day's high of 8,858.84 and a low of 8,631.60 points. In the 30-BSE index, 26 shares closed with losses while Reliance Industries, Tata Motors, Ranbaxy Lab and NTPC ended with gains.
In similar fashion, the broad-based National Stock Exchange index Nifty dipped to close below 2700 points level, almost seven-week low, by losing 35.25 points at 2,678.55.
This level was last seen seen on December 3 last year.
The market will remain closed on Monday on account of Republic Day.
With rising concerns of recession and quarter-earnings, banking shares suffered the most by dropping 4.16 per cent to 4484.66. It was followed by metal index with a heavy loss of 3.35 per cent at 4427.00.
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