Mumbai, Feb. 5 -- The key equity indices ended with limited losses on Wednesday, pressured by weak support from heavyweight stocks and the escalating U.S.-China trade war. Additionally, investor attention has turned to the Reserve Bank of India's monetary policy meeting under the new central bank governor, with the market anticipating a rate cut when the meeting concludes on Friday. The Nifty settled below the 23,700 level. Media, metal, and oil & gas shares advanced while realty, FMCG, and consumer durables shares declined.
As per provisional closing, the barometer index, the S&P BSE Sensex, tumbled 312.53 points or 0.40% to 78,271.28. The Nifty 50 index fell 42.95 points or 0.18% to 23,696.30.
The broader market outperformed the head...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.