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The S&P BSE Sensex slipped nearly 100 points in morning trade on Friday, led by losses in Infosys, TCS, RIL, Sun Pharma, Bajaj Auto, and L&T.The Nifty50 was trading above its crucial psychological support level of 7,800, supported by gains in realty, and capital goods stocks.
India's stock markets gained over 1 percent on Thursday, marking their biggest single-day gain in about a month after the U.S. Federal Reserve raised interest rates for the first time in nearly a decade and signalled its tightening cycle would be "gradual."The broader Nifty and the benchmarkSensexgained 1.21 percent each, recording their biggest single-day percentage gain since Nov. 19.
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