💨 Abstract
The BSE Sensex and NSE Nifty ended lower on May 6 due to profit booking and investor caution amid escalating tensions between India and Pakistan. The trading activity was range-bound ahead of US Federal Reserve's policy decision and US-China trade negotiations. The service sector activity in India slightly accelerated in April. Market volatility was aggravated by geopolitical tensions and uncertainty surrounding the US Federal Reserve's interest rate decision.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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