Global cues subdue equities; IT stocks fall

Global cues subdue equities; IT stocks fall
​ By
IANS
|
Published on
​ Tue, May 11 2021 15:06 IST
|
​ 15 Views
Bombay Stock Exchange. (File Photo: IANS). Image Source: IANS News
Mumbai, May 11 : India's benchmark equity indices traded in the red during the mid-afternoon session on Tuesday on the back of weak global cues.
However, the two indices had a gap down opening on account of weak global cues.
Accordingly, domestic sentiment were marred by negative signals from other Asian markets.
Besides, investors were concerned after Fitch Ratings stated that there are increasing indications that India's latest wave of Covid-19 infections would increase risks among financial institutions (FIs) by weakening near-term momentum in the economic recovery.

Related Keywords

Mumbai ,Maharashtra ,India ,Gaurav Garg ,Ajay Purohit ,Fitch Ratings ,Head Of Research At Capitalvia Global ,Financial Services ,National Stock Exchange ,Derivatives Analyst ,Capitalvia Global Research ,மும்பை ,மகாராஷ்டிரா ,இந்தியா ,கௌராவ் கார்க் ,ஜெய் புரோஹித் ,ஃபிட்ச் ரேடிஂக்ஸ் ,நிதி சேவைகள் ,தேசிய ஸ்டாக் பரிமாற்றம் ,வழித்தோன்றல்கள் ஆய்வாளர் ,