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Benchmarks Slip Slightly as Derivatives Expiry Fuels Volatile Trade
Sensex and Nifty ended slightly lower during monthly F&O expiry, dragged by IT stocks, while gains in PSU banks offered support amid volatile, range-bound trading conditions.
Indian equity benchmarks closed marginally lower as monthly F&O expiry drove choppy trading. The Sensex and Nifty faced pressure from IT stocks amid global tech weakness, while PSU banks provided partial support. Market participants remained cautious due to expiry-related volatility and lack of fresh triggers. Broader markets showed mixed trends as traders focused on rollovers and short-term positioning.