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Indian equity market settled in negative territory on Thursday, snapping a winning streak of six sessions, pulled down by IT and PSU bank stocks on the last day of January series futures and options contracts.
Indian equity market settled in negative territory on Thursday, snapping a winning streak of six sessions, pulled down by IT and PSU bank stocks on the last day of January series futures and options contracts.
The Nifty50 index shed 16 points to settle at 11,070, while the BSE Sensex retreated 111 points to close at 36,050.
The rupee continued its stellar run for the third straight session, rising by 14 paise to end at a fresh one-week high of 63.55 a dollar on sustained unwinding of American currency by exporters and corporate, PTI reported.
The rupee continued its stellar run for the
third straight session, rising by 14 paise to end at a fresh one-week high of
63.55 a dollar on sustained unwinding of American currency by exporters and
corporate, PTI reported.
Also, steady foreign fund inflows predominantly supported the rupee up move.
Also, steady foreign fund inflows predominantly supported the rupee up move.