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via economictimes.indiatimes.comMarkets

Nifty slips below 23,000 as private banks and IT stocks sell off

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Indian equities came under renewed selling pressure, reversing the recent recovery as weak global cues and selling in private banks and IT stocks weighed on investor sentiment. Global markets remained cautious ahead of a busy week of corporate earnings. The Nifty slipped below…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSelling in private banks and IT and weak global cues weigh on the Indian market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Indian equities came under renewed selling pressure.
  2. 02The Nifty slipped below the psychologically important 23,000 level.
  3. 03Market breadth remained weak ahead of a busy earnings week.

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