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Sensex drops 454 pts, Nifty ends below 22,050

By Business Standard - 8 months ago
Domestic stocks fell on Friday, tracking losses in other Asian stock markets. The Nifty 50 index ended below 22,050. Disappointing economic data from the US lowered expectations of a Federal Reserve rate cut, dampening investor sentiment. Oil & gas, auto, and pharma stocks led the decline, while metals and FMCG sectors found some buying interest.

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