Dec 17: Indian equity markets closed lower on Wednesday, marking their third consecutive session of decline, as investors remained cautious amid global uncertainties.
The S&P BSE Sensex fell 120 points, or 0.14%, to close at 84,559.65, while the NSE Nifty 50 slipped 41 points, or 0.16%, to end at 25,818.55.
Market sentiment was impacted by uncertainty over the U.S. Federal Reserve’s interest-rate outlook following mixed signals from recent U.S. jobs data. The data has raised questions about when the Fed may begin cutting rates, keeping global investors on edge.
Sentiment was further dampened by the lack of progress on a potential U.S.–India trade agreement. The absence of fresh developments on the trade front kept risk appetite subdued and led investors to adopt a cautious approach.
Overall, markets remained under pressure as participants awaited clearer global cues and developments that could provide direction in the coming sessions.
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