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Indian benchmark indices closed virtually unchanged as firm global crude oil prices and caution over Federal Reserve interest rates offset domestic buying.
Indian benchmark indices came under selling pressure as the Sensex dropped 300 points and the Nifty fell below 22,700 amid rising crude prices and cautious global cues.
Silver tumbled over 3% on the Multi Commodity Exchange as domestic traders booked profits following shifts in the global currency basket and US interest rate outlook.
A sharp tech pullback dragged the Nasdaq down more than 2%, driven by investor anxiety over surging AI capital expenditures and Meta's steep five percent slide.