Indian stock markets closed lower on Friday. The Sensex and Nifty experienced a second day of declines. Investors booked profits amid mixed corporate results and cautious global sentiment. A stronger US dollar and the Federal Reserve’s stance on rate cuts impacted investor mood. Banking stocks like HDFC Bank and ICICI Bank faced pressure. The market sentiment was bearish.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader