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The Nifty 50 fell 0.71% to 23,822.45 and the Sensex shed 0.93% to 76,847.10.
Indian shares fell after renewed Middle East tensions undermined optimism from the Iran-U.S. ceasefire.
KEY POINTS
- Iran declared it would be 'unreasonable' to pursue talks with the U.S. after Israeli strikes on Lebanon.
- The Nifty India Volatility Index remains elevated at 20.7, signaling persistent market uncertainty.
- Concerns about AI disruption in Indian IT increased after Anthropic launched its Mythos model.
- Mamaearth parent Honasa Consumer rose 4% following a strong quarterly update.
COMPANIES
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