Indian markets extend losses amid FII selling, elevated crude oil prices; Sensex falls 443 points
Indian stock markets continued their decline on Thursday. Foreign fund outflows, high crude oil prices, and weak global signals impacted investor sentiment. The BSE Sensex and NSE Nifty 50 both closed lower. Analysts advise caution amid ongoing foreign institutional investor selling and concerns over crude oil’s economic impact. Market rumors about favorable tax treatment for FIIs offered some hope.
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