Nifty slips below 22,800; metal shares decline
Mumbai, Sept. 28 -- The key equity benchmarks continued to trade under pressure in mid-afternoon trade, weighed down by weak global cues, rising crude oil prices and weakness in global technology stocks amid concerns over the reliability and safety of artificial intelligence (AI) agents. The Nifty traded below the 22,800 level.
Investors remained focused on crude oil price movements, developments in the primary market and upcoming initial public offerings (IPOs). A series of domestic and global economic data releases scheduled for the week are also expected to influence market expectations surrounding monetary policy decisions by central banks.
Metal shares declined sharply after advancing in the previous trading session.
At 14:25 IST,...
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