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Sensex Falls Over 200 Points; Nifty Ends At 11,157.

Indian shares ended notably lower on Wednesday, as fears of worsening U.S.-China trade tensions coupled with uncertainty about the outcome of general elections prompted profit booking after a tentative rebound the previous day.

The benchmark 30-share BSE Sensex ended the session down 203.65 points or 0.55 percent at 37,114.88 while the broader Nifty index dropped 65.05 points or 0.58 percent to 11,157.

IndusInd Bank, JSW Steel, Zee Entertainment Enterprises, Tata Motors and Yes Bank slumped 4-9 percent while Eicher Motors and Bajaj Finance ended up more than 4 percent each.

Yes Bank plunged 8.7 percent after the RBI appointed former deputy governor Rama Subramaniam Gandhi as an additional director on its board.

Jubilant Foodworks rallied 3.6 percent after its Q4 profit rose 6.6 percent from last year.

InterGlobe Aviation climbed 2.5 percent and SpiceJet jumped as much as 7.6 percent after senior-most executives of jet Airways resigned. Shares of Jet Airways slumped 5.3 percent.

Global cues were mixed, with Asian markets rebounding from a 3-1/2-month low after U.S. President downplayed the scope of the trade war with China and said dialogues would continue. Sentiment was also boosted by hopes of Beijing unveiling more stimulus.

European markets fell in early trade after sharp gains in the previous session.

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