Mumbai, Jan. 23 -- The key benchmark indices tumbled during the week, weighed down by profit booking, geopolitical tensions, and mixed Q3 earnings. Earnings for several companies were impacted by the implementation of the new labour code. Market sentiment remained subdued as the rupee touched a fresh record low of 91.99 against the US dollar, leading investors to adopt a risk-off stance. Market participants continued to monitor ongoing Q3 results, crude oil price movements, and geopolitical developments. The markets declined in four out of five trading sessions during the week. The Nifty settled below the 25,100 level, while the Sensex slipped below the 81,550 mark. Mid- and small-cap stocks underperformed the frontline indices.
In the w...
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