ndian equity benchmarks closed lower for third consecutive session on Friday, with falling about 2% for the week and more than half a percent in today's trade. Oil & gas, technology, auto and select metal companies' shares dragged down the market while buying in banking, power and telecom stocks has limited the downside.
Benchmarks stayed below their psychologically important levels for another session - the 50-share NSE Nifty fell 30.35 points, to close at 5,366.40 and the 30-share BSE Sensex dropped 115.35 points, to end at 17,870.53. Shorts build up in heavyweights could be the reason behind today's downtrend.
Benchmarks stayed below their psychologically important levels for another session - the 50-share NSE Nifty fell 30.35 points, to close at 5,366.40 and the 30-share BSE Sensex dropped 115.35 points, to end at 17,870.53. Shorts build up in heavyweights could be the reason behind today's downtrend.
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