Markets snap 3-day rising streak; Yes Bank tanks 7%

Snapping its three-day rising streak, benchmark BSE sensex dropped 189 points on Wednesday, tracking heavy losses in metals, energy, banking and auto counters amid concerns over a looming global recession. After a choppy session, the 30-share sensex settled 189.43 points, or 0.50 per cent, lower at 37,451.84. It hit an intra-day high of 37,687.82 and low of 37,249.19.

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