Tata Motors, Axis Bank have fallen by more than 2 percent.
V.K., chief investment strategist at Geojit Financial Services. Vijayakumar says that weakness in Asian markets and sharp cuts in US futures reflect increased nervousness in equity markets.
"There are headwinds in bond markets too. A sharp rise in US bond yields triggered massive selling by foreign institutional investors (FIIs), reaching Rs 4,260 crore on Thursday. More FII selling can be expected in the near future. ", which will put pressure on largecaps," he said.
"Investors may wait for clarity on the geopolitical front. There is a lot of uncertainty," he said.
Asian shares fell on Friday after reports of escalating hostilities in the Middle East, while the dollar, yen, oil and gold rose, said Deepak Jasani, head of retail research at HDFC Securities.
Vaishali Parekh, Vice President-Technical, Research, Prabhudas Lilladher said Nifty has indicated a big bearish candle ending below 22,000 zone with the threat of trend turning bearish with the bias and sentiment becoming very cautious. Is.
V.K., chief investment strategist at Geojit Financial Services. Vijayakumar says that weakness in Asian markets and sharp cuts in US futures reflect increased nervousness in equity markets.
"There are headwinds in bond markets too. A sharp rise in US bond yields triggered massive selling by foreign institutional investors (FIIs), reaching Rs 4,260 crore on Thursday. More FII selling can be expected in the near future. ", which will put pressure on largecaps," he said.
"Investors may wait for clarity on the geopolitical front. There is a lot of uncertainty," he said.
Asian shares fell on Friday after reports of escalating hostilities in the Middle East, while the dollar, yen, oil and gold rose, said Deepak Jasani, head of retail research at HDFC Securities.
Vaishali Parekh, Vice President-Technical, Research, Prabhudas Lilladher said Nifty has indicated a big bearish candle ending below 22,000 zone with the threat of trend turning bearish with the bias and sentiment becoming very cautious. Is.
