Nifty opens lower as Wall Street tech rout hits Asian markets
In short
Nifty opened lower after a sell-off in US technology stocks spread to Asia.
IT stocks were under pressure, but foreign fund inflows gave Indian shares some support.
What the reporting says
Nifty opened in the red as heavy losses in US technology stocks triggered wider Asian selling. The pressure was strongest on IT stocks, while sustained foreign fund inflows provided some support to Indian equities. The move showed how global tech weakness was spilling into local market trading at the open.
Why it matters
Nifty opened lower after a US technology sell-off triggered broader Asian weakness. The event points to a negative spillover from US tech markets into Indian trading sentiment.