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Nifty faces sixth consecutive decline amid foreign investor outflows and market concerns

Indian equity markets continued their downward trend, with the Nifty and Sensex both experiencing their sixth consecutive decline, falling over 2% this week. Concerns over foreign institutional investor outflows, a weak earnings season, and external pressures from a stronger US dollar and rising bond yields have intensified risk aversion among investors. Analysts indicate that the Nifty faces immediate resistance at 23,800, with potential further declines towards 23,200.
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10:55 14.11.2024
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