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Shares retreat on renewed risk aversion, yen continues climb

MUMBAI (NewsRise) -- Indian shares fell for a second session Tuesday, giving up early gains, as a slump in European indexes and persistent strength in the Japanese yen weighed on risk appetite.

The benchmark BSE Sensex fell 0.81% to 25,229.70 points, its lowest since April 12. The index had risen over1% earlier today on buying in select index heavyweights and on strong core sector data. The Sensex is down 3.4% in 2016. The broader NSE Nifty50 index declined 0.75% to 7,747 points.

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