The Indian benchmark equity indices concluded in the negative territory for the fourth consecutive session on Wednesday, primarily due to losses in heavyweight financials and IT stocks. The uncertainty surrounding the June 4 election results and the timing of US rate cuts also contributed to the market downturn. The 30-share BSE Sensex saw a decline of 668 points, equivalent to 0.89%, settling at 74,503. Similarly, the broader NSE Nifty witnessed a drop of 183 points, accounting for 0.80%, to conclude at 22,704.
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