NSE’s Nifty fell 92.2 points, or 0.4%, to close at 22,460. It made an intraday high of 22,676. BSE’s Sensex declined 217 points or 0.3% to end at 74,115. Both the indices fell nearly 1% from the day’s high.
Oil prices fell for a second day on hopes that renewed U.S.-Iran talks could ease Middle East supply disruptions after the Strait of Hormuz closure.
A recent rebound in benchmark indices has improved short-term market momentum, but it is not yet strong enough to signal a sustained bullish trend.The share
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