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Sensex and Nifty Edge less dragged down by bank stock losses

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READ  Sensex finishes 568 points higher and posts two-day losing streak led by metals

Indian stock indices edged down in trading on Friday, dragged down by losses from heavy stocks like HDFC Bank, ICICI Bank, Reliance Industries, Kotak Mahindra Bank and Larsen & Toubro. The Sensex fell 246 points and the Nifty 50 Index fell near its psychologically important level of 14,800.

At 9:24 a.m., the Sensex lost 207 points to 49,538 and Nifty dropped 60 points to 14,813.

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