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Sensex, Nifty end lower on profit booking after strong domestic growth data
Credit: IndiaTimes- Published on June 1, 2023
Indian shares ended lower as some investors took profits on gains following strong domestic growth data and receding bets of a US rate hike. Indiaโs Nifty 50 index closed down 0.25%, and the S&P BSE Sensex finished 0.31% lower. JP Morgan upgraded its forecast for Indiaโs annual growth by 50 basis points to 5.5% for fiscal...
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