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Why did Indian market fall on Friday, ending 6-day rally?
short by Hiral / on Friday, 21 June, 2024
Indian stock market ended lower on Friday, ending six consecutive sessions of gains. The market declined as investors booked profits, experts said. Slow progress of monsoon is resulting in underperformance in FMCGs and heatwave in northern India is driving consumer durables stocks up, said Vinod Nair. Index heavyweights like Reliance Industries, L&T, HDFC Bank, SBI, and M&M were top losers.
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