Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US and Iran, rupee weakness and heavy profit-booking in financial stocks. Analysts said the Nifty slipping below key technical levels signals weakening momentum, although select indicators still point towards the possibility of a near-term recovery.
Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US and Iran, rupee weakness and heavy profit-booking in financial stocks. Analysts said the Nifty slipping below key technical levels signals weakening momentum, although select indicators still point towards the possibility of a near-term recovery. by Soban News (international And National News)