Indian shares were subdued on Wednesday as index heavyweights lagged amid weak g...
- Indian shares were subdued on Wednesday as index heavyweights lagged amid weak global cues, following a sharp slump in the previous session due to heavy foreign outflows from capital markets.
The broader NSE Nifty was down 0.27% at 10,769 as of 0519 GMT, while the benchmark BSE Sensex was 0.21% lower at 36,484.86. Foreign investors pulled out 20.16 billion rupees from capital markets on Tuesday, according to NSE data. “As far as the domestic economy is concerned, the news flow is all negative, with growth concerns worsened by weak auto sales,” said Neeraj Dewan, director, Quantum Securities.
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