Markets Open Lower Amid Selling Pressure in IT Stocks
Early trading sessions witnessed a decline in the stock markets, primarily driven by increased selling pressure in the Information Technology (IT) sector. Investors responded cautiously to global signals and sector-specific developments, leading to a volatile start with mixed performances across different sectors. The IT stocks, in particular, faced significant sell-offs which weighed down the overall market indices. Traders remain alert to international cues and domestic economic indicators as they navigate through these fluctuations, reflecting an environment of uncertainty and selective sectoral interest.