Indian stocks extend losses; interim Budget in focus

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New Delhi [India], January 31 (ANI): Indian stock indices edged marginally lower at the opening bell on Wednesday, extending losses from the previous session...

The marginal fall could be primarily attributed to continued profit booking coupled with the latest selling of shares by foreign portfolio investors...

At the time of filing this report, Sensex was at 70,874.21, down 265.69 points or 0.37 per cent, while Nifty was at 21,462.50 points, down 59.60 points or 0.28 per cent..

Domestic investors are now bracing for a busy week with Finance Minister Nirmala Sitharamans budget proposals and other macro-economic guidance, which will be keenly tracked..

Meanwhile, foreign portfolio investors have been aggressively selling Indian stocks, turning net sellers in the Indian equity market so far in January 2024, after making a beeline to accumulate domestic stocks during the past two monthsNovember and December...

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