Indian Markets Plunge Amid Global Uncertainty
Mumbai – Indian stock markets experienced a significant downturn on Friday, February 13th, influenced by global anxieties and concerns surrounding the economic impact of artificial intelligence.
- Sensex: Dropped 1,048 points (1.25%) to 82,626.76.
- Nifty 50: Fell 336 points (1.30%) to 25,471.10.
Choice Broking’s Sumeet Bagadia noted persistent selling pressure and cautious market sentiment. He highlighted key resistance and support levels for the Nifty 50 at 25,600-25,650 and 25,300-25,350, respectively. Bagadia recommends buying Aditya Birla Fashion and Retail, IFCI, and South Indian Bank. Investors are advised to consult experts before trading.
Leave a Reply