Nifty declines for second day on profit booking, weak PMI data ...Middle East

Mumbai: Domestic equities continued to witness profit booking on the back of weak global cues and a fall in India’s PMI manufacturing to an 18-month low at 54.9 for December, Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services, said on Wednesday. Nifty declined for the second consecutive day and closed with a loss of 140 points at 21,517.35, while Sensex slipped 536 Points to 71,356.6 Sector-wise, it was a mixed bag with buying in Realty, PSU Bank, and Pharma stocks. Impressive Q3FY24 update from PNB and Bank of Maharashtra lifted the PSU Bank Index by 2 per cent. Railway stocks rallied after the government announced scaling up production of Amrit Bharat trains, K

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