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Volatility drags benchmarks lower ahead of earnings cues
Indian equity benchmarks ended lower as profit booking and global volatility pressured markets ahead of earnings and inflation cues.
Indian equity benchmarks closed lower as volatile global cues and profit booking weighed on investor sentiment. The Sensex fell over 600 points, while the Nifty slipped below the 25,600 level. Banking and metal stocks led declines amid cautious positioning ahead of key corporate earnings. Analysts said markets remain range bound as investors track inflation data, earnings commentary, and global interest rate expectations.