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Sensex slips 118 pts, Nifty holds 22,200; TaMo slips 1.8%

By Business Standard - 6 months ago
Domestic stocks ended a touch lower today, snapping a 3-day winning streak. Investors grew jittery ahead of key US inflation data that could influence the Fed's rate decisions. Real estate and energy shares provided a lift, but FMCG and media shares fell. Foreign outflows persist, while domestic investors cherry-pick stocks. Uncertainty due to Fed rate decisions and continous foreign selling is causing investors to be cautious.

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