Market sell-off extends for 4th day; metal shares drop
Mumbai, Oct. 23 -- The domestic equity benchmarks ended with modreate losses on Friday, extending their losing streak to a fourth consecutive session, weighed down by elevated Brent crude oil prices and persistent selling by foreign institutional investors (FIIs). The broader market also witnessed significant losses, reflecting widespread selling pressure. The Nifty settled at 22,600 level.
Market participants will closely monitor global developments, crude oil price movements, foreign institutional investor flows and upcoming corporate earnings announcements for further cues on market direction.
All the sectoral indices on the NSE ended in red with metal, consumer durables and realty shares declined the most.
As per provisional closin...
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