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Taking Stock: Nifty ends below 22,650, Sensex down 252 pts; pharma drags, IT, FMCG gain

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Taking Stock: Nifty ends below 22,650, Sensex down 252 pts; pharma drags, IT, FMCG gain
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Market & Financial Impact: The Indian rupee erased some of its intraday gains and ended 13 paise higher at 95.15 per dollar, compared with the previous close of 95.28.
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Indian benchmark indices witnessed profit booking on October 14 as rising crude oil prices and persistent foreign investor outflows weighed on sentiment.

After witnessing a muted first half, the market came under pressure in the afternoon session dragging Nifty to the day's low 22,558.95, however, some buying in IT, FMCG names help to trim the losses.

At close, the Sensex was down 251.89 points or 0.34 percent at 72,781.89, and the Nifty was down 99.25 points or 0.44 percent at 22,622.70.

Among broader indices, the Nifty midcap and smallcap indices ended with marginal losses.

Shriram Finance, HDFC Life, Bajaj Finserv, Bajaj Finance, SBI Life Insurance were among top Nifty losers, while gainers were Infosys, Nestle, Tech Mahindra, Tata Consumer and Coal India.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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