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Indian equity benchmark sank about 1% on Friday, as banking and financial stocks mirrored the slump in lenders globally, while IT stocks fell on persistent worries of high interest rates ahead of key U.S. jobs data later in the day.

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Indian equity benchmark sank about 1% on Friday, as banking and financial stocks mirrored the slump in lenders globally, while IT stocks fell on persistent worries of high interest rates ahead of key U.S. jobs data later in the day.

Indian equity benchmark posted their biggest one-day drop in over two weeks on Thursday, snapping a three-session winning streak, as concerns of a prolonged high-interest rate regime weighed on sentiment.

Indian equities benchmarks opened gap down in line with global markets post the hawkish commentary from US Fed Chair Jerome Powell. But value buying at lower levels led the markets reverse its losses and close in green.

bearvsbull2 — Bull and Bear -Stock Market Trends

Dear Trader… Domestic indices extended losses for second consecutive day in line with sell off in global markets triggered by 60% fall in US based Silicon Valley Banks. Nifty future opened with deep cuts and remained in negative territory to close with loss of 192 points (-1.09%) at 17452 levels.

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Related Posts

Indian equity benchmark sank about 1% on Friday, as banking and financial stocks mirrored the slump in lenders globally, while IT stocks fell on persistent worries of high interest rates ahead of key U.S. jobs data later in the day.

GNS English

Indian equity benchmark sank about 1% on Friday, as banking and financial stocks mirrored the slump in lenders globally, while IT stocks fell on persistent worries of high interest rates ahead of key U.S. jobs data later in the day.

Indian equity benchmark posted their biggest one-day drop in over two weeks on Thursday, snapping a three-session winning streak, as concerns of a prolonged high-interest rate regime weighed on sentiment.

GNS English

Indian equity benchmark posted their biggest one-day drop in over two weeks on Thursday, snapping a three-session winning streak, as concerns of a prolonged high-interest rate regime weighed on sentiment.

Indian equities benchmarks opened gap down in line with global markets post the hawkish commentary from US Fed Chair Jerome Powell. But value buying at lower levels led the markets reverse its losses and close in green.

GNS English

Indian equities benchmarks opened gap down in line with global markets post the hawkish commentary from US Fed Chair Jerome Powell. But value buying at lower levels led the markets reverse its losses and close in green.

Indian equities benchmarks opened gap down in line with global markets post the hawkish commentary from US Fed Chair Jerome Powell. But value buying at lower levels led the markets reverse its losses and close in green.

GNS English

Indian equities benchmarks opened gap down in line with global markets post the hawkish commentary from US Fed Chair Jerome Powell. But value buying at lower levels led the markets reverse its losses and close in green.

Indian equities benchmarks extended gains for a second session in a row on Monday, after strong economic data from the United States and investment in the Adani group of companies boosted risk appetite.

GNS English

Indian equities benchmarks extended gains for a second session in a row on Monday, after strong economic data from the United States and investment in the Adani group of companies boosted risk appetite.

After several days of fall, Indian equities benchmarks rebounded on Friday with cheered the dovish commentary from one of the US Fed officials along with robust domestic services PMI data.

GNS English

After several days of fall, Indian equities benchmarks rebounded on Friday with cheered the dovish commentary from one of the US Fed officials along with robust domestic services PMI data.

GNS News Services

GUJARATI NEWS SERVICE (GNS) was launched in July 2009 and has grown into one of the largest news agencies of INDIA providing news service in English, Hindi, Gujarati, Marathi, Telugu, Tamil, and Urdu language. During these years, our Gujarati News Service (GNS) is accredited by Press Information Bureau of India (PIB). We are also registered with the Press Council of India. And GNS News Agency also included in DAVP Print Media Advertisement Policy-2016. So all the newspapers associated with Gujarati News Service (GNS) will get 15 point benefit which will admissible in DAVP.

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