Indices snap six-day rally as trade deal buzz fades
The session began on a positive note, tracking upbeat global cues, but gains proved short-lived. As the day progressed, profit booking intensified, dragging the Nifty to an intraday low of 25,718.20. The markets early optimism faded sharply in the final hour after the government declined to confirm reports of a potential US-India trade deal, leading to a wave of selling across frontline indices.
The session began on a positive note, tracking upbeat global cues, but gains proved short-lived. As the day progressed, profit booking intensified, dragging the Nifty to an intraday low of 25,718.20. The markets early optimism faded sharply in the final hour after the government declined to confirm reports of a potential US-India trade deal, leading to a wave of selling across frontline indices.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
