Indian shares opened decrease on Friday, monitoring Asian friends as sizzling U.S. inflation knowledge eroded hopes of early Federal Reserve charge cuts, whereas the main focus turns to the home earnings season with Tata Consultancy Providers set to report later within the day.
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The NSE Nifty 50 was down 0.24 per cent at 22,700.35 as of 9:21 a.m. IST, whereas the S&P BSE Sensex shed 0.22 per cent to 74,880.15.
Seven of the 13 main sectors logged losses. The broader, extra domestically-focussed small and mid-caps rose 0.3 per cent and 0.1 per cent, respectively, outperforming the blue-chip indexes.
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