Sensex, Nifty Snap 6-Day Rally on Caution Ahead of Powell Speech
Indian markets ended lower on Friday as Sensex fell 694 points and Nifty slipped 214 points, breaking a six-day winning streak. Broad-based selling, led by financials and IT TCS , profit-booking, jitters over Powell’s Jackson Hole speech, rising India VIX, rupee weakness, tariff concerns, and negative US comments on India weighed on sentiment.
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