Sensex closes down by 426 points, banking stocks top losers ...Middle East

Mumbai: Indian equity indices snapped a two-day gaining streak and ended in the red on Wednesday as selling was seen in the large-cap stocks like Infosys, ICICI Bank, Kotak Mahindra Bank, M&M, SBI, and HCL Tech. At closing, Sensex was down 426 points, or 0.53 per cent, at 79,942 and Nifty was down 126 points, or 0.51 per cent, at 24,340. Selling was largely driven by banking stocks. Nifty Bank settled at 51,807, down 513 points or 0.98 per cent. In the Sensex pack, Infosys, HCLTech, ICICI Bank, Kotak Mahindra Bank, M&M, SBI, HCL Tech, Axis Bank, NTPC, and HDFC Bank were the top losers. Maruti, IndusInd Bank, Adani Ports, ITC, UltraTech Cement, L&T, and Titan were the top gainers. The market

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