On this edition of the Market Closing Show, stock markets extended their losing streak for a fourth consecutive day, with broad-based selling dragging down most sectors. A significant development was the Union Cabinet’s approval of Rs 69,725 crore in schemes to boost the shipping sector. In another major policy discussion, the government is considering raising the foreign portfolio investment limit in public sector banks from the current 20 percent, while retaining its 51 percent majority stake.
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