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Indices slide for 3rd day, Nifty below 24K

By Business Standard - 4 months ago
Domestic equity indices reversed early gains to end lower on Tuesday, marking the third consecutive day of losses. The Nifty slipped below the crucial 24,000 level as investors booked profits amid global uncertainties. Banking and financial stocks led the decline. While a rebound in Asian markets provided initial optimism, concerns over recession, a strengthening Yen, and geopolitical tensions dragged sentiment down.

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