The Indian stock market closed higher, with the Sensex rising by 0.14% and the Nifty ending marginally lower. Investors grew cautious due to high valuation concerns. While large-cap stocks maintained their strength, mid-cap stocks experienced a correction. The broader market saw declines in sectors such as utilities, power, telecommunications, realty, oil & gas, energy, and industrials.
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Sensex logs 8th day of gain, Nifty slips from record highs on high valuation concerns
The Indian stock market closed higher, with the Sensex rising by 0.14% and the Nifty ending marginally lower. Investors grew cautious due to high valuation concerns. While large-cap stocks maintained their strength, mid-cap stocks experienced a correction. The broader market saw declines in sectors such as utilities, power, telecommunications, realty, oil & gas, energy, and industrials.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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