Indian markets witnessed pressure after information technology stocks saw broad selling following weaker global sector sentiment. Despite the decline, benchmark indices remained positive on a weekly basis supported by earlier gains from lower oil prices and improving international sentiment.
Investors remained cautious as global demand outlook and technology spending expectations influenced the sector. Banking and selective industrial stocks offered some support, helping reduce broader market weakness.
Market experts suggest investors may continue focusing on sector rotation rather than broad-based buying in the coming sessions, particularly while global growth expectations remain under review.
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