The Sensex fell 1,561.71 points, or 1.92 per cent, to 79,725.48, while the Nifty dropped 484.30 points, or 1.92 per cent, to 24,694.35. | India
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Later, the panic selling abated with Sensex falling 1224 points to 80,063 and Nifty trading 372 pts lower at 24,807.