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Stock markets decline for 3rd day on  geopolitical concerns, fresh tariff hike threats

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo MUMBAI, Jan 7:  Stock market benchmark indices Sensex and Nifty drifted lower for the third day in a row on Wednesday as geopolitical tensions and renewed concerns about potential US tariff hikes weighed on investor sentiment. Sustained foreign fund outflows also dragged the markets lower. The 30-share BSE Sensex declined 102.20 points or 0.12 per cent to settle at 84,961.14.

Stock markets decline for 3rd day on  geopolitical concerns, fresh tariff hike threats

Credit: Dailyexcelsior

Key Highlights

  • During the day, it dropped 445.85 points or 0.52 per cent to 84,617.49.
  • The 50-share NSE Nifty went down by 37.95 points, or 0.14 per cent, to 26,140.75.
  • From the 30-Sensex firms, Maruti, Power Grid, Tata Motors Passenger Vehicles, HDFC Bank, Asian Paints and Tata Steel were among the biggest laggards.
  • However, Titan, HCL Tech, Tech Mahindra, Infosys and Tata Consultancy Services were among the gainers.
  • “Indian equity markets ended today’s session on a subdued and cautious note, with investors adopting a selective approach amid mixed domestic and global cues.
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Sources

  1. Stock markets decline for 3rd day on  geopolitical concerns, fresh tariff hike threats

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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