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Indices recoup losses; realty & telecom gain, IT & banks drop
Financial Express Delhi
|March 12, 2025
THE EQUITY INDICES recovered early losses and ended muted on Tuesday.
After opening with a 370-point gap down, the Sensex witnessed a steady recovery on selective buying in heavyweight stocks. The index closed down 12.85 points at 74,102.32. The Nifty, too, erased intraday losses of over 140 points and closed with a gain of 37.60 points at 22,497.90.
The gap-down opening was a fallout of the weak global market sentiment after Goldman Sachs lowered its 2025 US GDP forecast from 2.4% to 1.7%, citing a weaker economic outlook. This triggered broad-based selloffs in global and Asian markets.
This story is from the March 12, 2025 edition of Financial Express Delhi.
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