New Delhi, July 14 -- The Indian stock market closed sharply lower on Friday, July 11, as escalating tensions from the US-led trade war and a disappointing start to the Q1 earnings season weighed heavily on investor sentiment.
The Sensex dropped 690 points, or 0.83 per cent, to close at 82,500.47, while the Nifty 50 fell 205 points, or 0.81 per cent, ending at 25,149.85.
Among broader indices, the BSE Midcap index slipped 0.65 per cent, and the Smallcap index declined by 0.70 per cent.
Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the Nifty 50 index has slipped below the crucial support levels of 25,250 on a closing basis.
Speaking on the outlook of Indian stock ma...
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