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India’s benchmark indices – the Nifty and the BSE Sensex – ended sharply lower on Friday, driven by broad selling pressure. Auto, financial services and FMCG stocks were among the top laggards, while the IT sector witnessed selective buying.In a volatile trading session, the broader Nifty fell 317.90 points, or 1.25%, to close at 25,178.65. […]
Nifty closed with sharp cuts on Friday amid selling pressure across the board, with consumer, IT and energy stocks trailing the markets the most. The India VIX also rose above its 200-DMA, indicating rising fear among market participants. Commenting on the technical charts, Rupak De, Senior Technical Analyst at LKP Securities, said the setup has […]
The Indian market ended lower on Monday, with the Sensex and Nifty retreating as global trade war rhetoric returned to headlines and disappointed heavy gains at home. The BSE Sensex on Monday fell as much as 629 points intraday to touch a low of 82,941.01, while the NSE Nifty 50 fell 0.7% to an intraday […]
