Snapping a sharp rally for three consecutive days, equity benchmarks BSE Sensex and NSE Nifty closed in red on Monday due to profit booking at higher levels and weak cues from Asian markets. The Sensex declined 168.66 points or 0.24 per cent to 71,315.09, while the broader Nifty lost 38 points or 0.18 per cent to 21,418.65.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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