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Sensex drops 100 pts on oil spike, Nifty slips below 11,000

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Benchmark indicies opened lower on Tuesday following the drone attacks on key oil facilities in Saudi Arabia, the world's biggest oil exporter. The S&P BSE Sensex dipped 100 pts to 37,025. Axis Bank, HCL Tech, HDFC, ICICI Bank, and Tech Mahindra were the top loosers in the Sensex pack. The broader Nifty50 index breached the 11,000-mark and was hovering around 10,970 levels, down 30 points.

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