Indian equity benchmarks on Friday snapped their eight-day gains amid weak global cues ahead of the I data release of US jobs Investors also booked some profits after the benchmark indices climbed to record levels, raising concerns over valuations.
The BSE benchmark Sensex ended the session at 62,868, a decline of 415 points, or 0.6 per cent. The Nifty50 closed at 18,696, falling 116 points, or 0.6 per cent. But both indices gained for a second straight week. The latest fall narrowed the weekly gain to less than a per cent. The broader markets outperformed during the week, with the Nifty Midcap index gaining 3.1 per cent and the Nifty Smallcap rising 2.34 per cent.
This story is from the December 03, 2022 edition of Business Standard.
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This story is from the December 03, 2022 edition of Business Standard.
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