Indian benchmark indices are expected to open slightly higher on Friday after a sharp sell-off in the previous session. GIFT Nifty was trading around 23,130, indicating a mildly positive start. The Nifty 50 had fallen 383.70 points to 23,063.10 on Thursday, while the Sensex dropped 1,247 points to 73,581. (reuters.com)
Foreign investors sold Indian equities worth Rs.5,027.36 crore on Thursday, while domestic institutional investors bought shares worth Rs.4,301.18 crore. Investors are now watching crude prices, US bond yields and the rupee for signs of stability after the previous session’s broad-based selling.
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