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Market move▼ Bearish for Indian equities
D-Street set for a cautious opening as GIFT Nifty signals muted start
The brief
- Nifty closed at 22,716 after hitting a six-month low
- Foreign investors continued selling shares
- Continued foreign selling and a six-month low weigh on sentiment across Indian equities
- Nifty 50 logs worst September performance in 8 years as 40 stocks slide
- Goldman Sachs, BNP Paribas divest over 68 lakh BSE shares worth Rs 2,186 crore ahead of Nifty 50 inclusion
- FII selling intensifies to nearly ₹10,000 crore as Nifty heads for worst September in 25 years
- Nifty sees worst September series in 25 years. What does October hold?
- Will FPIs come back? Barclays CEO says global rotation could bring flows back to India