Sensex Sheds Nearly 100 Points, Nifty Hovers At 17,850; IT Shares Weak

The domestic stock markets have opened on a cautious note in the absence of any positive cues from the global front. The S&P 500 and Nasdaq indexes ended lower on Monday as tech shares weighed on equities in the quarter's final week and stocks in Asia-Pacific largely declined as firms downgraded China's GDP forecasts. At 9:18 am, the BSE Sensex was trading at 60,029.60, lower by 73.50 points or 0.12 per cent and the NSE Nifty was at ...