The Indian market failed to hold the momentum and closed in the red on Wednesday tracking weak global cues.The BSE Sensex fell nearly 400 points while the Nifty50 closed below 22400 levels.
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
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