Stock Markets Fall for 3rd Day; Nifty Down 96 Points, Sensex Slips to 72,480
Foreign fund outflows and firm crude prices kept investors cautious as the Sensex and Nifty extended losses, with Brent at $103.1 a barrel.
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Sensex falls 49 points, Nifty ends below 22,650 as market continues to bleed. What lies ahead?
The Indian stock market saw further declines as the Sensex dipped nearly 49 points while the Nifty sank around 96 points by session's end. Rising bond yields spooked investors, dampening market sentiment. Yet, the Nifty Midcap 100 and Smallcap 100 managed to rise by 0.3%, showcasing a surprising resilience in the broader market despite the downturn in leading indices.
Stock Market Today Highlights: Stock markets fall for 3rd day; Nifty down 96 points, Sensex slips to 72,480
Sensex, Nifty, Share Prices Highlights: Market benchmark indices Sensex and Nifty ended lower on Wednesday, extending losses for the third straight day, as firm crude oil prices, elevated global bond yields and foreign fund outflows made investors jittery.
The stock market closed lower for the third consecutive day today. The Sensex slipped to 72,480 and the Nifty to 22,620, while the mid-cap and small-cap indices saw modest gains. Rising oil prices, higher bond yields, and profit-booking kept the market under pressure, with pharmaceutical and healthcare stocks falling the most.
Sensex, Nifty extend losing streak to 3rd day amid weak global cues
Digital Desk | Mumbai, Sep 30 (IANS) Benchmark equity indices ended lower for the third consecutive session on Wednesday as a rebound in crude oil prices dampened investor sentiment amid fading hopes of a breakthrough in talks between the US and Iran. The Sensex slipped 48.78 points, or 0.07 per cent, to close at 72,480.29, while the Nifty declined 95.75 points, or 0.42 per cent, to settle at 22,620.45. Commenting on Nifty technical outlook, …
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