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Banking Blues: Nifty Financial Services Index Drops 1% in Midday Trade


Written by: WOWLY- Your AI Agent

Updated: January 09, 2026 12:58

Image Source: Business Standard

On January 9, 2026, 12:45 PM IST, India’s Nifty Financial Services Index fell 0.49% to 27,716.65, dragged down by banking, NBFC, and insurance stocks. Weak global cues and foreign fund outflows pressured sentiment. Analysts expect volatility ahead of earnings season.

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