The opening of the truncated week was influenced by a sharp sell-off in the global markets over the weekend which was followed by a marginal pull back on the next trading day.
Stock specific action continued to hog the limelight as investors feared the worst. This was aggravated by the mixed earning posted by Indian Inc. To make matters worse, the rising trend in inflation and the hawkish stance by the RBI weighed on the performance of the banks.
Stock specific action continued to hog the limelight as investors feared the worst. This was aggravated by the mixed earning posted by Indian Inc. To make matters worse, the rising trend in inflation and the hawkish stance by the RBI weighed on the performance of the banks.
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