Home Business Indian equity benchmarks shed gains from earlier in the session to end...

Indian equity benchmarks shed gains from earlier in the session to end lower as rate-sensitive bank and realty stocks declined, with concerns over inflation and global economic growth denting investor sentiment.

Dear Trader…                          Domestic equity witness high volatility amid mixed global cues. Nifty opened positive but moved between gains and losses throughout the day. The index ended the session with minor loss of 19 points at 16,240 levels. Broader market too ended in red with loss of ~0.3%. Among sectors, except FMCG and Pharma, all other indices ended with negative bias. Realty and PSU bank were top laggards down more than

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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”.