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Indian Equities Slip as Weak Global Cues and Jobs Data Spook Markets
Nifty falls below 26,100 as global uncertainty and soft U.
Indian equity markets snapped a two-day rally as global risk aversion intensified, sending the Nifty below the 26,100 mark. Persistent uncertainty around U.S. jobs data has unsettled investors, reigniting rate-cut doubts.
Sectoral weakness was broad based: metals, public-sector banks, and realty underperformed sharply, while only consumer-staples showed relative resilience. The pullback highlights how fragile sentiment remains amid macro crosscurrents and unclear policy direction.