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Drop in closing: Sensex at 53,886.61 and Nifty at 16,058.30
(G.N.S) dt. 12 Mumbai The Indian rupee ended lower by 17 paise at 79.60 per dollar against previous close of 79.43. On the second day of the week, Sensex was down 508.62 points or 0.94% at 53,886.61, and the Nifty was down 157.70 points or 0.97% at 16,058.30. About 1436