Financials, consumer stocks drag sensex, Nifty to third weekly loss

Credit: IndiaTimes- Published on August 11, 2023
Indian shares fell for the third consecutive week, with financials and consumer stocks leading the losses. The Nifty 50 index ended 0.59% lower at 19,428.30, while the S&P BSE Sensex dropped by 0.56% to 65,322.65. The RBI's decision to increase the cash reserve ratio (CRR) for banks continued to influence financial stocks, which...

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