New Delhi, Feb. 13 -- Indian equity benchmark indices, the Sensex and the Nifty 50, are likely to open on a weak note on Friday, tracking a broad sell-off across global markets. Asian equities moved lower, while US stocks ended in the red overnight as technology shares came under pressure amid renewed concerns over artificial intelligence-led disruption.
On Thursday, domestic markets closed lower due to profit booking across sectors, with IT stocks bearing the brunt of the selling pressure. The Sensex dropped 558.72 points, or 0.66%, to settle at 83,674.92, while the Nifty 50 declined 146.65 points, or 0.57%, to close at 25,807.20.
Asian markets remained mostly subdued on Friday, following overnight losses on Wall Street. Japan's Nikkei...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.