A sharp slide in European stocks and US index futures pulled key equity benchmark indices in India sharply lower. The Sensex and the 50-unit CNX Nifty, both, hit their lowest level in more than 9 weeks, Nifty shut shop at 7748, down by 116 points (-1.46%).Metal and capital goods stocks led today's decline. Foreign portfolio investors sold shares worth a net Rs 694.67 crore during the previous trading session on Tuesday.
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 6 advances to 44 declines.
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 6 advances to 44 declines.
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