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    Stock Market Updates: Sensex Falls Over 100 Points, Nifty Below 26,150; ICICI Bank, HCL Tech Top Laggards | Markets News

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    Indian equities opened lower on Friday, mirroring weak global cues.

    Indian equity markets

    Indian equity markets

    Sensex Today: Indian equities opened lower on Friday, mirroring weak global cues. The BSE Sensex trimmed early losses but was still trading 92 points, or 0.11 per cent, lower at around 85,541. The Nifty50 slipped 34 points, or 0.13 per cent, to 26,158.

    Tata Steel, HCL Tech, Bajaj Finance, ICICI Bank, Adani Ports, BEL, Eternal, and Bajaj Finserv were among the top laggards, declining up to 0.9 per cent.

    Selective buying in M&M, NTPC, Asian Paints, TCS, Maruti Suzuki, and Ultratech Cement helped cap the downside in headline indices.

    In the broader market, the Nifty MidCap index fell 0.39 per cent, while the Nifty SmallCap index dropped 0.27 per cent. Meanwhile, India VIX—the market’s fear gauge—spiked 10 per cent.

    All sectoral indices were in the red, with the Nifty Metal index down 1 per cent, followed by the Nifty Financial Services index, which slipped 0.5 per cent.

    Global Cues

    Overnight, Wall Street closed sharply lower: the Dow Jones slid 0.84 per cent, the S&P 500 dropped 1.56 per cent, and the Nasdaq plunged 2.16 per cent.

    On the macro front, US unemployment ticked higher in September even as job additions exceeded expectations, leaving investors uncertain about the likelihood of another Federal Reserve rate cut in December.

    Asian markets were also deep in the red, tracking Wall Street’s decline. Mainland China’s CSI 300 fell 1.16 per cent, Hong Kong’s Hang Seng dropped 1.82 per cent, and South Korea’s KOSPI tumbled 3.12 per cent.

    Japan’s Nikkei slipped 1.7 per cent after core inflation — excluding fresh food and energy — rose to 3.1 per cent in October from 3 per cent in September.

    Aparna Deb

    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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