Market Wrap: Sensex slips 331 points, Nifty below 25,950; IT stocks gain
Indian benchmark indices closed lower on Monday, with the Sensex falling 331 points and Nifty declining below 26,000. Despite a rally in IT stocks driven by expectations of a December Federal Reserve rate cut, broader market sentiment was negative. Nifty faced repeated rejections at the 26,200 resistance zone.
Indian benchmark indices closed lower on Monday, with the Sensex falling 331 points and Nifty declining below 26,000. Despite a rally in IT stocks driven by expectations of a December Federal Reserve rate cut, broader market sentiment was negative. Nifty faced repeated rejections at the 26,200 resistance zone.
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