Indian equities ended Monday’s session deep in the red. The Sensex closed at 85,102.69, down 0.71%, while the Nifty ended the day at 25,960.55, lower by 0.86%. The pressure was equally visible in banking, with the Nifty Bank closing at 59,238.55 , down 0.90%.

Both the BSE SmallCap and midcap indices plunged 2%.

The sharp fall wasn’t........

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