India’s stock indices closed lower on Wednesday as easing supply concerns weighed on metals stocks, while private banks fell after Axis Bank reported disappointing lending growth.

Dear trader… The sales that occurred at the end of the session mainly led to the decline in Indian stock market indices on Wednesday. After a cautious start, markets managed to trade mostly on green ground for the day as traders continued to buy battered but fundamentally strong stocks. Sentiments remained optimistic after a survey by the National Council for Applied Economic Research (NCAER) showed that as the second wave of Covid-19 wore off, sentiment among businesses in