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Economy - January 8, 2025

Market Wrap: Banks drag D-Street lower; Sensex skids 50 points, Nifty below 23,700

Market Wrap: Banks drag D-Street lower; Sensex skids 50 points, Nifty below 23,700

India's benchmark indexes ended in red on Wednesday, pressured by selling in heavyweight financial and consumer stocks as investor sentiment remained cautious ahead of the upcoming corporate earnings season while concerns over the likelihood of fewer interest rate cuts by the U.S. Federal Reserve added to the overall subdued mood in the market.

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