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Sensex declines 500 pts from day's high, Nifty below 24,600: Key reasons behind sharp market reversal

August 12, 2025 • By Moneycontrol • Source: https://moneycontrol.com/news/...

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Markets opened firm, supported by buying in IT counters and positive trends in Asian equities. However, profit-booking and risk-off sentiment dragged the benchmarks into the red.

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Sensex, Nifty see profit-booking in August 12 trading session.

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The equity benchmark indices gave up early gains and traded lower around noon on August 12, tracking weak global cues and investor caution ... [3025 chars]

Markets opened firm, supported by buying in IT counters and positive trends in Asian equities. However, profit-booking and risk-off sentiment dragged the benchmarks into the red.

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