Markets Dip as IT Drags, Trade Talks Stall

  Published 10 months ago

Nifty, Sensex hover near six-week lows; IT stocks fall on weak US demand; FPIs continue heavy selling.

  • Nifty IT dips 0.6%, marking fourth straight loss amid weak U.S. outlook, dragging benchmarks lower.
  • India-U.S. trade talks are stuck before Aug 1, while Trump warns of 15%-20% tariffs on non-deal nations.
  • FPIs are net sellers in 11 of the last 12 sessions; L&T gains 1% ahead of Q1 earnings release.

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