Stock Market
Sensex slips over 100 points at open — here’s what experts say next
Mumbai/IBNS: Indian equity benchmarks opened on a flat note on Tuesday, with the BSE Sensex slipping over 100 points and the NSE Nifty 50 falling more than 20 points in early trade, media reports said.
At around 9:50 am, the Sensex extended losses to nearly 160 points before witnessing a brief recovery. Around the same time, the Nifty’s losses widened to about 29 points.
IT stocks led the decline, with Infosys (down 1.71%), TCS (0.70%), Eternal (0.63%) and HCL Technologies (0.60%) among the major laggards. Bharti Airtel also slipped 0.54%.
Market expert Anil Singhvi told Zee Business that the Nifty 50 is likely to find support in the 26,000–26,100 range, with a strong buy zone seen between 25,875 and 25,975 levels.
For the banking index, Singhvi expects Nifty Bank support at 59,000–59,150 levels, while identifying a strong buy zone between 58,725 and 58,900.
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