Tag: India's stock market

BENGALURU: Indian shares closed lower on Friday and extended losses for a fifth straight week, dragged by broad sectoral losses after the Reserve Bank of India's (RBI) policy meeting minutes flagged near-term inflation risks.Investors now await US Federal Reserve Chair Jerome Powell's speech later in the day.The Nifty 50 index fell 0.62% at 19,265.80, while the S&P BSE Sensex shed 0.56% to 64,886.51.The Nifty and Sensex lost 0.23% and 0.10%, respectively, for the week. The benchmarks had a similar five-week bear run in April-May 2022.India's stock market is...