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Nifty, Sensex Continue to Head Lower on Adverse Global Factors – Weekly Closing Report

On Monday, 1553 stocks advanced, 2174 declined and 168 remained unchanged, with an advance decline ratio of 0.71 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. Weak Asian cues caused markets to continue to experience wild fluctuations, markets recovered thanks to the strength of IT companies. Equity markets, however, have lost some of their lustre as macroeconomic headwinds have have surfaced.

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