Home Business Indian equity benchmarks declined over 2 per cent on Thursday, led by...

Indian equity benchmarks declined over 2 per cent on Thursday, led by slump in banking, financial and metal stocks. Also, persistent high inflation in the US also weighed on the domestic indices, as they extended their fall for the fifth straight session.

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Dear Trader…                          Indian equity benchmarks extended their fall for the fifth straight session and ended lower with losses of over two percent on Thursday, as investors remained worried ahead of Index of Industrial Production (IIP) data for March and crucial retail inflation (CPI) reading for April, which will be released later today. A broader decline in global stocks following U.S. consumer price data also dented investor sentiment. The markets made

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.