Nifty opens in red as Wall Street tech rout spills over; IT stocks under pressure
Heavy losses in US technology stocks triggered widespread Asian selling, even as sustained foreign fund inflows offered some support to Indian equities.
The Nifty opened lower on Friday, November 6, 2026, as Wall Street's tech sector suffered a significant rout, impacting Asian markets with a broad risk-off sentiment. The Nifty 50 started at 24,538.20, dropping to 24,484.95, a decline of 51.65 points or 0.21%. Meanwhile, the Sensex opened at 79,413.66, up 39.61 points or 0.05%. Investors rushed to safer assets amid concerns over AI valuations and potential policy changes due to Democratic gains in the US midterm elections.
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