Indian shares fell due to weak economic data from China and rate worries ahead of the US Federal Reserve’s policy decision. The NSE Nifty 50 index and the S&P BSE Sensex both declined, with metals and IT stocks being the top losers. The contraction in factory activity in China affected the metals sector, while IT stocks were affected by weak results and fears of high rates in the US. The Fed’s policy decision and Chair Jerome Powell’s commentary will be closely watched.
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