US government bonds slumped after strong September retail-sales figures fanned doubts over how quickly the Federal Reserve will continue to lower interest rates.
IST, the barometer index, the S&P BSE Sensex, tumbled 495.46 points or 0.61% to 81,008.24. The Nifty 50 index slipped 209.60 points or 0.84% to 24,761.70.
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