India's equity benchmarks a tad lower as foreign outflows keep investors cautious

Reuters
2025.12.17 07:20
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India's Nifty 50 and Sensex fell 0.3%, marking the third consecutive session of losses due to foreign outflows and a weak rupee. The RBI intervened in currency markets, selling dollars to support the rupee. Financial stocks dropped, with HDFC Bank and ICICI Bank down over 1%. Meesho shares surged 20% after UBS initiated coverage with a "buy" rating.