Technology stocks soften amid cautious global positioning

Nifty IT slipped 0.80% as investors turned cautious ahead of US data, while banking stocks stayed flat and foreign investors maintained selective exposure.

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Technology stocks soften amid cautious global positioning

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Technology stocks soften amid cautious global positioning
Nifty IT slipped 0.
The Nifty IT index declined 0.80% to 39,173.70 as optimism around artificial intelligence moderated slightly before major US economic releases. Broader markets showed mixed trends, with Nifty Bank remaining flat at 59,299.55. Foreign institutional investors continued selective buying, but traders largely avoided aggressive bets amid uncertainty around global growth and interest rate trajectories.
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