Indian Equities Edge Lower Amid Foreign Outflows, Thin Trading Volumes.
AI Summary1 min read
TL;DR
Indian stocks declined slightly as foreign investors resumed selling and trading volumes were low, with the Sensex and Nifty ending a two-day rally. Key indices fell marginally, led by Infosys, while Ambuja Cements rose on merger news.
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InfosysIndian equitiesforeign outflowsSensexNiftytrading volumes
Indian equities slipped on Tuesday, with the Sensex and Nifty snapping a two-session advance, as foreign investors returned to selling mode and the market grappled with a lack of fresh catalysts ahead of the year-end. The Sensex fell 55 points, or 0.06%, to open at 85,513, while the Nifty 50 slipped 11 points, or 0.04%, to 26,161. Losses were led by Infosys, Ambuja Cements stood out with a 4% rise after approving the merger of ACC and Orient Cement.
