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Sensex slips as investors rotate amid volatile December trade
Benchmark indices closed lower amid volatility, while broader markets saw selective buying as investors rotated toward value pockets before year-end.
Indian equity markets ended lower as profit booking and cautious positioning weighed on benchmarks. The BSE Sensex fell 338 points to close near 84,929, while Nifty50 declined below 26,000 levels. Broader markets showed relative strength, with select smallcap stocks attracting value-driven buying.Tthe correction followed a sharp recent rally, with investors shifting focus toward earnings visibility and sector-specific opportunities ahead of year-end positioning.