From NDTV
Owned by Adani Group (AMG Media)Stock Market Highlights: Sensex Falls 318 Points, Nifty 50 Ends Below 25,200; Shriram Fin, Tata Motors PV, Grasim Top Losers
What's behind this
On Friday, India’s benchmark Sensex and Nifty ended lower, ending a three‑day rally. The Sensex fell 318.56 points, about 0.39%, to 81,592.45, while the Nifty slipped below the 25,150 mark, closing around 25,144.30. The decline came as investors priced in a possible RBI policy rate hike after retail inflation rose to 6.09% in October. Selling pressure in banking, financial, realty and metal stocks, along with rising crude‑oil prices that revived inflation concerns, weighed on the market. All sectoral indices closed in the red, with realty, auto, IT, metal and private‑bank stocks among the biggest losers.
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RSS excerpt
All the sectoral indices closed in the red, with Nifty Realty, Nifty Auto, Nifty IT, Nifty Metal and Nifty Private Bank falling the most.