The markets have been under pressure and ended lower for the second day on profit booking after US Federal Reserve casts doubt over a December rate cut. The Nifty closed around the 25,700 mark while the Sensex shut shop down over 450 points. Financials, NTPC and Eternal see deep cut in today’s session. However, key index stocks like BEL and Shriram Finance stand out.

That said, most sectors closed in the red. Powell’s hawkish statement and US-China trade development did not meet expectations and have made investors cautious.

Speaking on the overall trade as it panned out through the day, Vinod Nair, Head of Research, Geojit Investments said, “In dian equities ended decisively lower after a volatile session, as investors booked profits amid mixed corporate earnings and cautious

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