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Indian stock market ends lower amid global uncertainty
The Indian stock market closed sharply lower on August 11 due to profit-taking and concerns over oil prices and US-Iran tensions. The Sensex fell 388 points and the Nifty declined 112 points. The market is expected to open flat on August 12, with cautious investor sentiment influenced by global cues and ongoing geopolitical issues.
Indian stock market expected to open flat on 12 August
The Sensex and Nifty 50 are expected to open on a flat note amid mixed global cues. On Tuesday, both indices ended lower, with the Sensex dropping 388 points and the Nifty 50 falling below 24,500. Technical analysis suggests the market remains sideways with balanced momentum.
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Market coverage is daily by nature, and a lot of it restates the same closing numbers with different headlines. Wisp merges outlets reporting on the same day's moves into one summary, focused on what actually drove the market rather than every publication's version of the same recap.