Sensex drops 150 pts as Q2 earnings kick off on a subdued note; Nifty below 25K
- Posted on October 11, 2024
- By Business News Today
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Sensex drops 150 pts as Q2 earnings kick off on a subdued note; Nifty below 25K
Indian stock indices Sensex and Nifty opened lower on Friday due to a profit miss by Tata Consultancy Services, impacting banking and financial stocks. Additionally, higher-than-expected U.S. inflation data for September raised concerns about the likelihood of further interest rate cuts this year.
