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Bank, financial stocks drag market down
The Daily Guardian
|October 31, 2024
Top gainers on the NSE included Adani Enterprises, Hero MotoCorp, Tata Consumer Limited, Britannia, and Maruti, while the top losers were Cipla, Shriram Finance, HDFC Life, Trent Limited, and Infosys.
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The Indian stock market traded lower on Wednesday, impacted by declines in banking and financial stocks.
The benchmark indices saw losses, with the Nifty 50 closing at 24,340.85, down 126 points, and the Sensex ending at 79,942.18, a decline of 426.85 points.
On the National Stock Exchange (NSE), sectoral indices for Bank, Auto, Financial Services, IT, Pharma, Healthcare, Consumer Durables, and Oil & Gas traded in negative territory.
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