Indian equities experienced a sharp decline on Friday, snapping a five-day winning streak as IT stocks faced heavy selling pressure. Weak global cues and the cancellation of US-Iran peace talks further dampened investor sentiment, leading to significant drops in the Sensex and Nifty.
Indian equities fell sharply today, breaking a five-day winning streak. The Sensex dropped 600 points, and the Nifty closed below 24,050. Heavy selling in IT stocks, weak global cues, and cancelled US-Iran peace talks were key triggers for the market decline.
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