Nifty Drops 0.7% as FII Selling and Global Cues Weigh on Indian Equities

Indian stock markets faced a decline on Monday, with the Nifty falling 0.7% following weak global signals and continued selling by Foreign Institutional Investors (FIIs). Analysts expect the market to remain range-bound with a slight negative bias in the near term. While the large-cap indices are under pressure, the focus is likely to shift toward specific stocks in the midcap segment. Investors are advised to be cautious due to ongoing global uncertainties and heavy institutional outflows.
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