The Nifty posted its biggest daily decline in nearly four months and its third fall over the past four sessions on Thursday to close at 7235 (down by 94 points) as Infosys slumped after its president resigned, while profit-taking continued to hit shares after record highs earlier this month. Hero MotoCorp declined after announcing weak Q4 results. Hindalco Industries edged higher in choppy trade after the company announced its Q4 results. Coal India edged lower in choppy trade after the company announced weak Q4 result.
The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 14 advances to 36 declines.
The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 14 advances to 36 declines.
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