Stock markets close lower for 2nd day; Sensex down 239 pts as ITC tanks over 3 pc https://www.taxtmi.com/news?id=44970 Major equity indices fell for a second session with FMCG, auto and pharma stocks dragging benchmarks amid rangebound trading ahead of monthly expiry and upcoming GDP and industrial production data; inconsistent foreign institutional investor flows, valuation concerns and a large foreign-stake block sale in a leading conglomerate were identified as key downward forces, while sectoral breadth remained mixed and global policy cues, including US FOMC minutes, were flagged as potential near-term influences. en-us Wed, 28 May 2025 16:46:04 +0530 Wed, 28 May 2025 16:46:04 +0530 TaxTMI RSS Generator Stock markets close lower for 2nd day; Sensex down 239 pts as ITC tanks over 3 pc https://www.taxtmi.com/news?id=44970 Major equity indices fell for a second session with FMCG, auto and pharma stocks dragging benchmarks amid rangebound trading ahead of monthly expiry and upcoming GDP and industrial production data; inconsistent foreign institutional investor flows, valuation concerns and a large foreign-stake block sale in a leading conglomerate were identified as key downward forces, while sectoral breadth remained mixed and global policy cues, including US FOMC minutes, were flagged as potential near-term influences. News - Wed, 28 May 2025 16:46:04 +0530 https://www.taxtmi.com/news?id=44970