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Sensex, Nifty drop on foreign fund outflows
From the Sensex basket, PowerGrid, Bharti Airtel, Wipro, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Asian Paints, Infosys and Reliance Industries were the major laggards. Bajaj Finance, NTPC, Larsen and Toubro, Axis Bank, Tata Motors, IndusInd Bank and Bajaj Finserv were among the gainers.