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Nifty Bank tumbles 600 points; IndusInd Bank, Yes Bank, SBI and other stocks fall up to 3%. What lies ahead?

Indian banking stocks experienced a significant downturn on Wednesday, with the Nifty Bank index dropping over 1.2%. AU Small Finance Bank and IndusInd Bank saw the steepest declines. This selloff mirrors a broader market slump, with major indices also falling sharply. Analysts suggest a cautious outlook, citing weak technical indicators and a sideways to bearish trend.

Source :- Markets-Economic Times Read More

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