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Indian equities opened slightly lower on February 17 as post-earnings consolidation weighed on sentiment at the Bombay Stock Exchange and National Stock Exchange.
Sensex Drops Over 200 Points, Nifty Tests 25,600 in Early Trade
Mumbai: The Indian stock market opened with a slight weakness on February 17th. The Sensex fell over 200 points in early trade amid post-earnings consolidation, while the Nifty tested the 25,600 level.
Selling pressure was visible on the Bombay Stock Exchange and the National Stock Exchange. During this period, Quality Walls fell nearly 3% and Eternal fell nearly 2%. The Indian rupee also weakened to 90.69 per US dollar, down from its previous close of 90.65.
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