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Shares slip to one-month low as state election results loom

MUMBAI (NewsRise) -- Indian shares fell for a second consecutive session, touching one-month lows, as caution ahead of key state election results and mounting possibility of a December rate increase by the U.S. Federal Reserve dominated sentiment.

     The benchmark BSE Sensex ended 0.94% lower at 26,304.20, the lowest since October 1, while the broader NSE CNX Nifty Index fell 1.05% to 7,955.45 points. The Sensex has fallen almost 4% since October 23, lagging its regional peers, weighed down further by disappointing fiscal second-quarter corporate earnings.

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