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Nifty ended with cuts on Thursday led by massive selling pressure on IT stocks. It was the second loss in a row as the index remained under selling pressure after a weak open.Commenting on the day’s action, Rupak De, senior technical analyst at LKP Securities, said the selling momentum was not strong, resulting in a […]
India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]
