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Indian share benchmarks set for longest weekly losing run in 25 years
Indian equities inched lower on Thursday as persistent foreign outflows continued to weigh on risk sentiment, with the benchmarks on course for the eighth straight weekly loss, their longest such streak in 25 years. On the day, the Nifty 50 was down 0.28% at 22,558.95, while the BSE Sensex fell 0.12% to 72,389.51, as of 9:44 a.m. IST. Indian markets will be closed on Friday for a local holiday. Foreign investors sold Indian shares worth $1.06 billion on Wednesday, as per provisional data. They offloaded about $3.6 billion in the previous five sessions, taking their year-to-date selling to a re...
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