Sensex Drops 143pts, Nifty Settles at 17,516 Amid Volatility; Metal Stocks Shine
News 18Benchmark indices were trading lower in the volatile session on Friday. Sectorally, the Nifty Realty index fell 2.8 per cent on the NSE, while the Nifty PSB index dipped 1.9 per cent. Wall Street remained highly volatile as a huge sell-off was seen in Meta post its earnings” Rupak De, Senior Technical Analyst at LKP Securities, said: “Nifty remained volatile throughout the day with a bearish tone. MSCI’s index of Asia-Pacific shares outside Japan was up by 0.58 per cent. Japan’s Nikkei slumped 0.32%South Korea’s Kospi gained 0.84%Australia’s ASX 200 shed 0.24%New Zealand’s DJ dropped 0.58%Hong Kong’s Hang Seng added 1.57% Wall Street snapped a four-session winning streak on Thursday, with all three benchmarks closing lower after Facebook-owner Meta Platforms’ dour forecast sent its stock plummeting and halted a nascent recovery built on upbeat earnings from other big tech.