Indian stock markets closed lower on Thursday, reversing early gains as investors took a pause after a strong rally in October.
The BSE Sensex fell 148 points, while the NSE Nifty50 slipped below 25,550. Among individual stocks, Powergrid declined nearly 3% and Eternal fell 2%.
Financial and metal stocks contributed most to the slide, while midcap and small-cap stocks faced steeper selling pressure. This marks the second consecutive session of losses for the broader market.
Analysts say the pullback reflects cautious investor sentiment after recent strong gains, suggesting markets may consolidate before resuming any upward trend.
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