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Sensex down 364 points, Nifty ends at 16,301; IT stocks rally

At close, Sensex was down 364 ponits or 0.67% to 54,470. Likewise Nifty 50 settled just above the 16,300-mark at 16,301 slipping 109 points or 0.67%

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Sensex down 364 points, Nifty ends at 16,301; IT stocks rally