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Sensex and Nifty end Muhurat session lower

Indian benchmark indices closed marginally lower in the Samvat 2083 Muhurat trading session, their first negative festive close since 2017. Mid-cap and small-cap shares outperformed while sectors were mixed. Reports cited higher oil prices, Middle East tensions, foreign outflows, a weaker rupee and rising US bond yields as pressures on the market.

Why it matters

The muted start followed a strong seven-session rally and highlights the external risks facing Indian equities in the new Samvat year.

Sources

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