Indian shares traded lower on Friday even as IT stocks surged across the board, helping limit overall losses in the broader market.
Rising oil prices kept investors on edge after Iran reportedly struck “hostile targets” in the Strait of Hormuz and said a deal with Oman to manage traffic through the waterway will not fully reopen the vital global trade route.
The benchmark 30-share BSE Sensex was down 235 points, or 0.3 percent, at 78,718 while the broader NSE Nifty index slipped 13 points to 24,622.
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Indian Shares Edge Lower In Cautious Trade; IT Stocks Surge
2026-08-07 04:40:29
