Indian shares open lower dragged by financials
Upstox
1 min read • Updated: February 9, 2024, 9:54 AM
Summary
India’s benchmark indices ) opens lower. Out of the NIFTY50 space, 25 stocks are advancing. Zomato gained over 4% in opening hours after robust Q3 results.
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BENGALURU, Feb 9 (Reuters) - Indian shares opened lower on Friday, dragged by financials and tracking Asian peers, after U.S. economic data added to concerns of a potential delay in the onset of Federal Reserve rate cuts.
The NSE Nifty 50 index was down 0.18% at 21,679.05, while the S&P BSE Sensex fell 0.21% at 71,278.95, as of 9:21 a.m IST.