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hello and welcome to business launcher we are in the celebratory mode ahead of the Republic Day here in the studios of CNBC TV 18. Im Nisha podar and with me is my co-anchor pavitra Paris markets clearly not in a celebratory mode along with the global cues its also the truncated week which is having an impact on the trade and at the moment at lunch hour even though nifty 50 is slightly above the low point of the day at the moment but still in a very weak Zone and also seeing the grip of the Bears at the moment in fact lets take a look at some of the counters as well if you really look at the contribution chart for nifty 50 a large part of the drag is really coming in from some of the heavy weights like HDFC Twins and also the banking sector along with the big boy Reliance Industries in adani stocks are also in deep red today in fact lets take it straight across to Prashant Nair whos joining in with more insights on the market sell-off that we are seeing today hi prashap uh thanks