Sensex, Nifty Lose Ground But Escape Steeper Fall, IT And Banks Provide A Cushion
Mumbai: Indian equity benchmarks closed lower on Friday but staged a recovery from their intraday lows as buying in information technology, FMCG and banking shares helped limit the damage amid weak global market sentiment . The BSE Sensex fell 120.83 points, or 0.16%, to settle at 74,781.76, while the NSE Nifty 50 declined 79.70 points, or 0.34%, to finish at 23,398.10. IT, Banks Offer Support…
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