New Delhi, Aug. 8 -- Persistent tariff pressure and continued selling by foreign portfolio investors (FPIs) dented investor sentiment on Friday, with both benchmark indices opening lower.
The Nifty 50 index opened at 24,544.25, down by 51.90 points or 0.21 per cent, while the BSE Sensex started the day at 80,483.56, registering a marginal dip of 139.70 points or 0.17 per cent.
Market experts noted that investors are cautious and expect sideways movement in the near term as they await clarity on the impact of the new tariffs.
Ajay Bagga, Banking and Market Expert, told ANI, "Expect sideways markets as some big announcements could come over the next three days. Geopolitical factors are dominating with trade wars unleashed with the new se...
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.