Sensex and Nifty Open Lower as Asian Markets Slip on AI Jitters
· Business · Economic Times, LiveMint, Moneycontrol
Indian equity markets faced a muted start on Monday as GIFT Nifty indicated a lower opening, dropping 24.5 points to 22,583.5. Asian stocks fell in early trade as investors turned cautious ahead of upcoming major technology earnings and central bank decisions. Domestic indices recently snapped a two-week winning streak amid surging crude oil prices, persistent foreign institutional investor outflows, and geopolitical tensions in the Middle East. Key stocks in focus for the session include Infosys, Kotak Mahindra Bank, YES Bank, and Raymond.
Why it matters
Continued foreign fund outflows and global technology sector volatility are keeping Dalal Street investors on the defensive.
Read the original report — Economic Times
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