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Sensex drops 78 pts, slips below 66,000 on constant foreign outflows
Nifty IT index fell 0.54% on fears of a delayed demand recovery in the US due to higher interest rates. Mphasis, Coforge, Tech Mahindra and Infosys were the top losers. Nifty Bank also declined 0.32%, dragged by Bank of Baroda, PNB and Indian Bank