Markets extend losses for 4th day; pharma stocks buck trend
The Hindu
BSE Sensex ends 164.11 points or 0.31% lower at 52,318.60; NSE Nifty sheds 41.50 points or 0.26% to close at 15,680
Equity benchmarks stayed on the backfoot for the fourth consecutive session on July 1 as IT and finance counters bore the brunt of hectic selling amid weak Asian cues. A continuously declining rupee and grim macroeconomic data also sapped investor confidence, traders said. The 30-share BSE Sensex ended 164.11 points or 0.31% lower at 52,318.60. Similarly, the broader NSE Nifty shed 41.50 points or 0.26% to close at 15,680.
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