Closing Bell: Sensex drops 346 points, Nifty below 25,950 as markets end lower

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The BSE Sensex fell 345.61 points, or 0.41 per cent, to close at 84,695.84. The NSE Nifty 50 declined 100.20 points, or 0.38 per cent, to settle at 25,942.10, slipping below the 25,950 mark.