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Indian shares fall for fifth straight day ahead of budget next week

Indian shares fell for a fifth straight session on Thursday, dragged lower by bank and information technology stocks, as investors locked in gains ahead of the federal budget next week. ....

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Indian shares slip ahead of next week's budget

28 Jan 2021
Gulf Today Report
Indian shares declined on Thursday, dragged by bank and information technology stocks as investors prepare for next week’s federal budget.
The blue-chip NSE Nifty 50 index was down 0.95% at 13,834.90, after falling as much as 1.2% to its lowest level since Dec. 24. The benchmark S&P BSE Sensex slid 0.94% to 46,965.92.
Anand James, chief market strategist at Geojit Financial Services in Kochi said: The market has been on a downward trend during the last couple of days and that is not surprising because, during the last two years, we have seen the fortnight preceding the budget to be a cautious time. ....

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sensex today: Sensex plunges 536 points, Nifty ends at 13,818: Top reasons behind the fall

Sensex lost 2,918 points in just five trading sessions. (Representative image)
NEW DELHI: Equity indices fell for the fifth straight session on Thursday with the benchmark BSE sensex plunging over 500 points.
The 30-share BSE index dived 536 points or 1.13 per cent to close at 46,874. Sensex lost 2,918 points in just five trading sessions.
Major laggards in the BSE pack include HUL, Maruti, HDFC Bank, PowerGrid, IndusInd Bank and HCL Tech with their shares sliding as much as 3.65 per cent.
The broader NSE Nifty moved 150 points or 1.07 per cent to close at 13,818.
Here are the six reasons behind the slide:
1) Investors turned cautious ahead of Budget ....

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Indian shares end lower; Airtel jumps on MSCI review

Indian shares dropped the most in nearly four weeks on Friday, ending down over 1%, as investors locked in profits following the benchmark indexes hitting multiple record highs this week and as a proposed U.S. stimulus package failed to surprise. ....

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Sensex, Nifty end lower; Airtel jumps on MSCI review

The blue-chip NSE Nifty 50 index and the S&P BSE Sensex each fell 1.1% to close at 14,433.70 and 49,034.67, respectively. ....

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