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Sensex, Nifty inch lower as banks, auto stocks slip

Posted on Posted in Business by 18 views

Indian shares slipped on Thursday, dragged down by banking and auto stocks, a day after the central bank held rates steady to support economic growth in light of risks from inflation and the Omicron coronavirus variant. By 9:27 am, the blue-chip NSE Nifty 50 index was down 0.11% at 17,450.55 and the benchmark S&P…

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Sensex, Nifty inch lower as Reliance drags, inflation data in focus

Posted on Posted in Business by 16 views

Indian shares inched lower on Monday, dragged by heavyweight Reliance Industries after the conglomerate delayed the launch of a low-cost smartphone it is developing with Google, with investors awaiting key inflation data due later in the day The blue-chip NSE Nifty 50 index was down 0.22% at 17,335.35 by 9:18 am, while…

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