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Below the Quote on Market Closing Comment by *Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker

Following a recent surge, the market paused its momentum, with the Sensex closing 352.67 points lower, a decrease of 0.48 percent, at 72,790.13, while the Nifty closed down 90.70 points, a drop of 0.41 percent, at 22,122. Within sectors, Information Technology and Metal experienced declines of 1 percent each, while Bank and Pharma saw decreases of 0.5 percent each.

Looking ahead, the focus for the week will shift from earnings to economic indicators. Key data including US and India GDP figures, eurozone inflation, and US jobless claims will hold significance for central banks in their decisions on interest rates, ultimately shaping market sentiment in the short term.

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