TRN Business
Domestic Markets Decline as IT Stocks Weaken
Domestic equity benchmarks opened lower today, with the Sensex at 72,990, down 134 points, and Nifty slipping 76 points to 22,524. The decline was primarily driven by a drop in the information technology sector, which saw the Nifty IT index fall over 2 percent. Other sectoral indices, including Nifty MidSmall IT & Telecom and Nifty Realty, also experienced decreases of up to 1 percent. Meanwhile, Nifty Private Bank rose by 0.49 percent, and Asian markets remained cautious as investors prepared for upcoming central bank meetings and corporate earnings reports.
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