Domestic stock markets on Monday plunged by nearly one per cent as latest US economic data raised fears of a delay in rate cuts and prospects for a rise in bond yields again. The benchmark Sensex fell by 671 points, or 0.93 per cent, to 71,355.22 and the NSE Nifty Index lost 198 points at 21,513 ahead of the release of the inflation data in the US.
Analysts said 11 out of 13 sectors were in the red with PSU banks, FMCG and metal sectors falling the most.
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