Indian markets closed for Ambedkar Jayanti
Indian markets are closed on Friday for Ambedkar Jayanti holiday. Trading will resume on Monday
BSE Sensex closed lower by 182 points, or 0.61%, to 29,461, while the Nifty 50 fell 53 points, or 0.57%, to 9,151 on Thursday. Photo: Bloomberg
New Delhi: Indian markets are closed on Friday for Ambedkar Jayanti holiday. Trading will resume on Monday.
Technology stocks took a beating on Thursday after Infosys’ share buyback plan and revenue outlook failed to move investors as the Sensex dropped 182 points to an over two-week low and the Nifty broke below 9,200.
In weekly terms, the Sensex fell 245.16 points, or 0.82%, while the Nifty was down 47.50 points, or 0.51%. The 30-share index opened lower before slipping further when Infosys results raised concerns about others to follow. It was down 182.03 points, or 0.61%, at 29,461.45 at the close, a level last seen on 28 March.
