Babar, who is one of the best Pakistani batters of all time, has scored three centuries in three ODI matches twice in his career so far, whereas Kohli has achieved the feat once so far. He will have a chance to equal Babar's elite record on Saturday in Visakhapatnam
Sensex, Nifty open marginally down amid negative global cues
Sensex, Nifty open marginally down amid negative global cues
As of 9.25 am, Sensex declined 80 points, or 0.09 per cent at 85,551 and Nifty dipped 15 points, or 0.05 per cent to 25,860.
Mumbai: Indian benchmark indices opened in mild red zone on Friday, amid negative global cues and fading investor hopes of a US Fed rate cut in December.
As of 9.25 am, Sensex declined 80 points, or 0.09 per cent at 85,551 and Nifty dipped 15 points, or 0.05 per cent to 25,860.
The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 down 0.30 per cent and the Nifty Smallcap 100 dipped 0.34 per cent.
Add Zee News as a Preferred Source
TCS, Asian Paints and NTPC were among the major gainers in the Nifty Pack, while losers included Hindalco, Shriram Finance, Tata Steel and ICICI Bank.
All the sectoral indices on NSE were trading in red except Nifty Auto (up 0.30 per cent). Nifty Metal down 0.79 per cent was the biggest loser.
Analysts said that India will gain if the AI trade slows down and capital begins to shift into non-AI stocks in emerging markets.
All of the major Asia-Pacific markets fell in early trading sessions after US AI and tech stocks shed value and investors lost hopes of a December rate cut by the Federal Reserve.
The volatility of the market has increased evident by Nasdaq, the barometer of AI trading, ending the day down 2.15 per cent, crashing 4.4 per cent from the intraday peak.
"This type of market movement indicates that there will be more volatility in the future. AI stock prices may see fresh buying at lower valuations. We will need to wait and observe the course of this unstable period," an analyst said.
The US markets ended in the red zone overnight, as Nasdaq slipped 2.16 per cent, the S&P 500 dropped 1.56 per cent, and the Dow declined 0.84 per cent.
In Asian markets, China's Shanghai index dipped 1.71 per cent, and Shenzhen dipped 2.52 per cent, Japan's Nikkei dipped 2.31 per cent, while Hong Kong's Hang Seng Index declined 2.17 per cent. South Korea's Kospi dropped 3.94 per cent.
On Thursday, foreign institutional investors (FIIs) sold equities worth Rs 284 crore, while domestic institutional investors (DIIs) were net buyers of equities worth Rs 824 crore.
Source: ZeeNews
Related Posts: Tamil Nadu Nears 100 Per Cent Coverage As SIR Form Deadline Ends Today Kerala to reduce Class 10 syllabus by 25 per cent Tata Motors' Net Profit Plunges 63 Per Cent YoY To Rs 4 Pakistan's Economic Crisis Deepens With Sub-3 per cent Growth For 5th Year India’s Research And Insights Industry To Grow 10 Per Cent In FY26 Donald Trump’s 50 per cent tariffs on India to end soon Over 27 per cent increase in glacial lake area among 55 glacial lakes in India since 2011 Yes triumphs in Bangladesh referendum with 60 per cent turnout 91 per cent Indian firms now pilot workplace AI Hindu Population Declined
Babar, who is one of the best Pakistani batters of all time, has scored three centuries in three ODI matches twice in his career so far, whereas Kohli has achieved the feat once so far. He will have a chance to equal Babar's elite record on Saturday in Visakhapatnam
3 months ago
