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Markets close lower for 2nd day
Salar
|20 May, 2025
Investor sentiment took a hit after Moody’s downgraded the US sovereign
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Benchmark BSE Sensex dropped by 271 points on Monday, marking the second straight day of losses due to selling in IT and banking stocks and a weak trend in global markets after rating downgrade of the US by Moody’s Ratings.
The 30-share BSE barometer declined 271.17 points or 0.33 per cent to settle at 82,059.42. During the day, it dropped 366.02 points or 0.44 per cent to a low of 81,964.57.
The NSE Nifty dipped 74.35 points or 0.30 per cent to 24,945.45.
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