Rajesh Palviya of Axis Sec suggests K.P.R. Mill, Olectra Greentech, Nykaa shares to buy today - 19 June
Stock market news, June 19 -- Indian benchmark indices opened lower on Friday, snapping a five-session winning streak, as weakness in information technology stocks weighed heavily on market sentiment following a cautious earnings outlook from global consulting giant Accenture.
The NSE Nifty 50 declined 0.73% to 23,991.20, while the BSE Sensex fell 0.72% to 76,852.86 in early trade. The pullback comes after a strong rally over the previous five sessions, during which the Nifty and Sensex gained 4.3% and 4.8%, respectively, supported by easing crude oil prices and improving global risk appetite.
Selling pressure was broad-based, with all 16 major sectoral indices trading in the red. The Nifty IT index emerged as the biggest laggard, tumbl...
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