Indian Markets Experience Volatility Amid AI Concerns
Mumbai – Indian stock markets opened the week cautiously, exhibiting volatility despite a modest rebound. Worries surrounding AI’s potential disruption in the IT sector weighed on investor sentiment.
- Indices: The Nifty 50 closed up 0.08% at 25,493.3, while the Sensex gained 0.07% to reach 82,685.68.
- Early Dip: Both indices started lower, with the Nifty 50 dropping 0.19% and the Sensex declining 0.18% initially.
- Analyst View: HDFC Securities suggests Nifty 50 will remain choppy within 25,200-25,800 unless it breaks that band.
- Stocks to Watch: NTPC and CPSEETF are recommended buys by analysts.
