Home Business Indian equity benchmarks closed lower on Monday, dragged by tech stocks after...

Indian equity benchmarks closed lower on Monday, dragged by tech stocks after a strong U.S. jobs report renewed fears of the Federal Reserve sustaining aggressive rate hikes for longer, while foreign investors continued to sell.

Dear Trader… Markets started the week on a subdued note and lost nearly half a percent, tracking feeble global cues. After the initial dip, the Nifty future index hovered in a narrow range till the end and finally settled at 17805.95 levels. Meanwhile, a mixed trend on the sectoral front

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.