Market Slips Back into Losses
The two-day consecutive rally in the Indian stock market has come to an end. Equity investors engaged in selling amidst fears that a peace agreement between the two nations might not materialize anytime soon, following US military strikes in southern Iran, coupled with a renewed rise in crude oil prices. Consequently, benchmark indices traded in the red on Tuesday. At one point, the Sensex declined by 579.28 points, breaching the 76,000 mark; it eventually settled at 76,009.70, recording a loss of 479.26 points.
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