Indian stock exchanges closed with losses due to profit booking in IT and FMCG stocks.

Stock market close on 17 August 2023: In the last two trading sessions, the Indian stock market has shown a strong recovery from the lows, but it failed to do so on Thursday. The market saw a sell-off due to profit booking in IT, FMCG and energy stocks. At the end of today’s trade, the BSE Sensex closed down 388 points at 65,151 and the National Stock Exchange’s Nifty closed down 100 points at 19,365 points.

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