The current decline comes at a time when the Nifty continues to face hurdles at the 26,200 mark. However, key support levels remain intact, with the index still managing a higher high and a higher low on the charts.
The next key level to look for in the Nifty index is 26,015, which is the 20DMA.
The Nifty Bank index is also trading under pressure, with a decline of around 70 points, falling to the 59,100 mark.
Some of the biggest losers among the Nifty 500 stocks include First Cry, Chennai Petro, IEC, JBM Auto, Swiggy, Shriram Fin, Ajanta Pharma, Coforge among others.
Watch this space for all the Live updates.
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