Nifty Slips Below 23,200 Amid Middle East Tensions; IT Stocks Extend 7-Day Losing Streak
Indian equities ended lower for the second consecutive session as investors turned cautious amid escalating geopolitical tensions in the Middle East, rising crude oil prices, and concerns that U.S. interest rates may remain elevated for longer. While private banks provided some support, heavy selling in IT and broader market stocks dragged benchmark indices into the red.