Home Business Indian equity benchmarks closed lower on Thursday for a third straight session...

Indian equity benchmarks closed lower on Thursday for a third straight session as losses in technology stocks outweighed gains in banks, while Asian Paints fell over 5% after higher raw materials costs dented profit, highlighting inflation concerns.

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Dear Trader… Indian equity benchmarks closed lower for the third day in a row on weekly F&O expiry day, as index heavyweights such as Asian Paints, Reliance Industries and Infosys reeled under selling pressure. Key Indian indices slumped after opening in the green, as traders turned cautious with report stated that amid concerns about the rising oil prices, India, the world’s third-largest energy consumer, has warned that high oil prices

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