The Nifty index fell for a third straight day, closing lower amid rising market volatility. Analysts suggest markets may face continued pressure due to oil prices and bond yields. Foreign portfolio investors and domestic institutional investors were net buyers of shares on Wednesday. The Indian rupee ended little changed, supported by the Reserve Bank of India. SAIL and LIC Housing Finance are currently in the F&O ban period.
Analysts say markets are likely to remain under pressure as concerns over rising crude oil prices, bond yields and dollar index keep investor sentiments cautious.
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