Stock markets fall on final trading day, gain nearly 20 per cent in 2023

Stock markets update: As investors preferred profit-taking after the recent sharp rally, equity indices benchmark Sensex and Nifty declined on the last trading day of 2023, wrapping up a record-setting year with benchmarks surging by up to 20 per cent. After a five-day winning run, selling pressure emerged in energy, banking and IT counters on Friday, which dragged indices lower, traders said.

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