Benchmark stock market indices closed lower on Thursday as Dalal Street saw a broad-based selling with heavyweight financials, IT, and banking shares declined.
The S&P BSE Sensex lost 592.67 points to close at 84,404.46, while the NSE Nifty50 was down by 176.05 points to end at 25,877.85.
Vinod Nair, Head of Research, Geojit Investments Limited, said that the market consolidated after Powell indicated that this might be the last rate cu
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