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Indian shares end lower as higher oil prices, foreign outflows dent appetite
Indian shares closed lower on Wednesday as firmer oil prices and sustained foreign outflows weighed on risk sentiment after a rebound in the previous session, while investors assessed earnings and awaited key US inflation data. The Nifty 50 fell 0.44% to 22,622.70, while the BSE Sensex dipped 0.34% to 72,781.89. Eight of the 16 major sectors logged losses. The broader small-caps and mid-caps fell 0.3% and 0.1%, respectively. The Nifty and Sensex climbed about 1.6% each on Tuesday, led by information technology stocks after HCLTech’s quarterly profit beat expectations. IT index, which gained 5....
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