India’s information technology sector took a sharp hit Friday as shares of major firms dropped following renewed fears of retaliatory tariffs by the United States’ global trading partners.

Indian Markets opened strong on Thursday with NSE Nifty trading comfortably above 25,000 levels. Markets have witnessed a strong 1000 point rally for NSE Nifty during the last few weeks.

Indian stock markets opened positive on Friday but the markets are facing resistance for NSE Nifty at 19550 levels. Indian markets are also getting support from positive global market trends.

N. R. Narayana Murthy was straightforward as always during a candid chat session with his son Rohan Murthy during Moneycontrol Startup Conclave 2023.

Market expert Prakash Gaba has suggested two BUY Calls for short term traders. Indian markets are expected to open lower today.

Technical analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trade, indicating a bullish outlook for Indian markets.