New Delhi, Feb. 5 -- Following a three-day bull ride, the Indian stock market appeared to have lost steam as both key averages came under selling pressure during Thursday's session, February 05. Weak global cues triggered a widespread sell-off across sectors, primarily led by metals.
The Nifty 50 settled at 25,641, down 0.52% from its previous close, while the S&P BSE Sensex finished the trade 0.66% lower at 83,267 points.
Broader markets also reversed their rally. The Nifty Midcap 100 index fell 0.4%, while the Nifty Smallcap 100 slid by over 1%, signaling that market breadth has turned in favor of the bears.
Investors dumped metal stocks amid a sell-off in both precious and base metal prices. This followed a short-lived rebound and w...
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