Sensex Trims Losses, Ends 85 Points Lower, Nifty Settles Below 17,100 | Read

PUBLISHED ON: May 2, 2022 | Duration: 0 min, 20 sec

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Indian equity benchmarks closed weak but off their early lows on Monday. The domestic indices took cues from the global market, where sentiment was weak as investors cautiously awaited a rate hike by the Federal Reserve this week. The U.S. central bank is expected to aggressively hike rates by 50 basis points (bps) on Wednesday.
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