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via economictimes.indiatimes.comMarkets

Bulls retreat as Sensex falls over 300 points, Nifty slips below 23,100

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

The Indian stock market took a hit on Monday after a considerable rise the previous week. Both Sensex and Nifty struggled, with Axis Bank and HDFC Bank suffering significant losses. Nevertheless, firms like SBI and UltraTech Cement managed to post gains. The PSU Bank index rose…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe drop in major Indian indices and private banks weighs on market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Sensex fell over 300 points on Monday.
  2. 02The Nifty slipped below 23,100.
  3. 03Axis Bank and HDFC Bank suffered significant losses, while SBI and UltraTech gained.

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