Sensex, Nifty End Lower on Banking Stock Sell-Off
Indian markets close lower as banking stocks drag indices amid rising US-Iran geopolitical tensions.
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“Sensex, Nifty End Lower on Banking Stock Sell-Off”
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20 Jul 2026
Mumbai, July 20 (IANS) Benchmark equity indices ended lower on Monday, weighed down by losses in banking and financial stocks as investors remained cautious amid rising geopolitical tensions between the United States and Iran.
The Sensex declined 443 points, or 0.57 per cent, to settle at 77,708.52, while the Nifty fell 96 points, or 0.39 per cent, to close at 24,238.50.
Commenting on Nifty technical outlook, experts said that the 24,300–24,400 zone continues to be the immediate resistance, with the upper end of this range aligning with the 200-day Exponential Moving Average (EMA).
