Indices trade with deep cuts; Nifty slides below 24,850; auto shares under pressure

At 14:30 IST, the barometer index, the S&P BSE Sensex, tanked 1,065.46 points or 1.30% to 81,135.70. The Nifty 50 index dropped 304.25 points or 1.21% to 24,830.
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