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Indian Stock Markets Experience Mixed Performance Amid Volatility

The Indian stock markets exhibited mixed performance today, reflecting investor caution amid global economic uncertainties.

Nifty 50:

  • Opening: 22,508.65

  • Intraday High: 22,633.80

  • Intraday Low: 22,464.75

  • Closing: 22,535.25

The Nifty 50 index opened on a positive note but faced resistance at higher levels, leading to a modest gain by the session’s end.

Bank Nifty:

  • Opening: 48,463.80

  • Intraday High: 48,709.05

  • Intraday Low: 48,359.35

  • Closing: 48,449.55

  • Change: -178.15 points (-0.37%)

The Bank Nifty index declined, with banking stocks experiencing selling pressure amid concerns over rising interest rates.

Sensex:

  • Opening: 74,347.14

  • Intraday High: 74,586.43

  • Closing: 74,332.58

The Sensex remained range-bound throughout the day, ending marginally lower as gains in consumer durables and realty sectors were offset by losses in capital goods and power sectors.

Sectoral Highlights:

Market analysts attribute today’s mixed performance to profit booking in select sectors and caution ahead of upcoming economic data releases

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