The stock market is facing some challenges as it sees a lot of selling at higher prices. This shows that even though the market is a bit weak, it has been sold too much recently. Since early October, the Nifty 50 index, which tracks the performance of the top 50 companies in India, has been going through a tough time and still hasn’t fully recovered.
On Thursday, major Indian stock market indices ended lower because many investors sold off shares, especially in the financial and IT sectors. There has been a steady exit of foreign investors, and people are feeling cautious as we approach earnings reports for the December quarter. Concerns about the U.S. interest rates also add to the uncertainty in the market.
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