Nifty Bank falls over 1%, closes below 50-DMA; important levels to track on Friday: Experts

The index closed lower in six out of the last seven trading sessions. The selling pressure pushed the index below the 50-DMA mark which was placed around 47,600 levels.

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Asian stocks decline as traders retreat from tech

Asian markets opened lower mirroring losses in the US. Global investors adopted a risk-off approach. Technology stocks faced significant selling pressure. This sentiment impacted cryptocurrencies