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Auto and IT shares were the laggards, while power, pharma and consumption stocks remained steady.
NSE’s Nifty fell 82.25 points, or 0.35%, to close at 23,250.1. BSE’s Sensex declined 322.08 points, or 0.4%, to end at 76,295.36. Both had fallen as much as almost 1% earlier in the day.
Elsewhere in Asia, Japan tumbled 2.8%, China declined 0.2%, Hong Kong fell 1.5%, South Korea declined 0.8%, and Taiwan rose 0.1%. The pan-Europe index Stoxx 600 was down 2.3% at the time of going to print.
Foreign portfolio investors extended their selling streak for the third straight day, offloading shares worth ₹2,806 crore on Thursday. Domestic institutions were buyers worth ₹221.5 crore.
The broader markets remained steadier, with the Nifty Midcap 150 gaining 0.2% and Nifty Small-cap 250 advancing 0.7% on Thursday.Out of the total 4,123 stocks traded on BSE, 2,788 advanced and 1,212 declined at close.The Nifty Volatility Index, or VIX, fell 0.9% to 13.6 levels, indicating some relief among traders in the near term.
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https://economictimes.indiatimes.com/markets/stocks/news/d-street-has-worries-but-losses-stay-limited/articleshow/119960187.cms
