The persistent weakness in global cues triggered a negative opening for Indian equities, with the benchmark indices commencing the session on a gap-down note. Volatility remained elevated throughout the day as bulls and bears engaged multiple times in a firm tug-of-war. However, despite intermittent recovery attempts, bears maintained the upper hand, pushing the Nifty closer to the day’s low. Following the CAS closure, the Nifty50 index settled below the pivotal zone around 23430, registering a decline of 0.86% for the session.
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