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Indian equities slip as financials drag, LG debut surges
Financial sector weakness drags Indian markets despite LG Electronics IPO surge.
Indian indices reversed early gains as financial and auto stocks weakened, offsetting LG Electronics India's strong market debut. The Nifty 50 fell 0.3% and the Sensex lost 0.25%, while small- and mid-cap indices dropped 0.7%. Broader sentiment turned cautious following weak FPI inflows despite resilient domestic participation.