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The BSE Sensex fell 0.92% to 76,755.05 and the NSE Nifty dropped 0.79% to 23,996.25 on July 22, marking a third consecutive day of losses. Rising crude oil prices and heavy selling in bank stocks drove the decline, pushing the Nifty below the key 24,000 level.
The Nifty Bank index fell over 370 points on Monday as PNB, Axis Bank, and SBI dropped up to 2%, with PSU banks leading the selloff. Analysts say the index is in near-term consolidation, with the next directional move depending on a breakout or breakdown from key technical levels.
Tag
The BSE Sensex fell 0.92% to 76,755.05 and the NSE Nifty dropped 0.79% to 23,996.25 on July 22, marking a third consecutive day of losses. Rising crude oil prices and heavy selling in bank stocks drove the decline, pushing the Nifty below the key 24,000 level.
1mo ago · 3 min · Markets
The Nifty Bank index fell over 370 points on Monday as PNB, Axis Bank, and SBI dropped up to 2%, with PSU banks leading the selloff. Analysts say the index is in near-term consolidation, with the next directional move depending on a breakout or breakdown from key technical levels.
2mo ago · 3 min · Markets
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