Nifty ends below 25K as banks drag

The domestic equity benchmarks closed lower on Friday, amid mixed global cues. The Nifty50 settled below 25,000 mark, weighed down by selling in banks and financial stocks. Pharma, healthcare, and metal shares outperformed. The market undertone remains fragile as FIIs continue to sell amid concerns about earnings downgrades and attractive valuations in other markets.
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