New Delhi, July 18 -- Indian stock market indices - the Sensex and Nifty 50 - ended lower on Thursday, July 17, due to profit booking in select heavyweight stocks like Infosys, HDFC Bank, and Reliance Industries.
The Sensex declined by 375 points, or 0.45%, closing at 82,259.24, while the Nifty 50 dropped 101 points, or 0.40%, to finish at 25,111.45. In contrast, the broader markets performed better, with the BSE Midcap index edging up 0.07% and the BSE Smallcap index gaining 0.30%.
Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is positive as the Nifty 50 index is sustaining above 50-DEMA support of 24,900.
Speaking on the outlook of Indian stock market, Bagadia said, " The key benchm...
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