New Delhi, July 11 -- Indian equities, already struggling to gain momentum amid resurfacing global trade tensions, witnessed a sharp sell-off in Friday's session, July 11, as weaker-than-expected June quarter results from TCS dampened investor sentiment, triggering a broader decline across IT stocks and setting a weak tone for the earnings season ahead.
While the rally in consumer goods and pharma stocks provided some support, it wasn't enough to lift the indices higher, as losses in tech, banking, and auto stocks deepened toward the close. As a result, the Nifty 50 declined 0.81% to settle at 25,146 points, ending the week with a 1.23% drop.
The S&P BSE Sensex also ended lower, falling 0.74% to close at 82,496 points, and registered a ...
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