
The Sensex and Nifty had fallen 2% in the previous three sessions before Thursday. Financial markets in India were shut on Wednesday on account of Eid-al-Adha. The market weakness has been on account of weaker-than-expected results from some top companies. Banking major HDFC Bank’s asset quality deteriorated in the June quarter, which caused a sell-off in financial stocks in the last few days.
from Stocks-Markets-Economic Times
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