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Stock Market opens weak; Nifty slips 0.6% amid global uncertainty
['Sona Saini', 'Post Published']
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Stock Market opens weak; Nifty slips 0.6% amid global uncertaintyIndian equity markets opened sharply lower on Friday amid heightened global volatility driven by wild swings in gold and silver prices.
Increased volatility in global markets and sharp fluctuations in gold and silver prices appeared to shake investor confidence.
The Sensex fell by more than 500 points in early trading, while the Nifty declined by more than 0.6 percent.
The Indian market is currently caught between global volatility and the most important domestic week of the year.
The Nifty 100 fell 0.3 percent, the Nifty Midcap 100 fell 0.67 percent, and the Nifty Smallcap 100 fell 0.51 percent.