The benchmark equity indices closed slightly lower on Thursday, extending their losing streak to four sessions. Despite volatile trading due to F&O expiry, the Nifty managed to close near the 24,400 mark. Banks and pharma shares were in demand, while FMCG and realty shares tumbled. The market’s resilience was partly supported by India’s strong October PMI data, which aligned with the RBI’s growth outlook for FY25.
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