GIFT Nifty down, signals muted start for Sensex, Nifty; Asian markets plunge on AI spending worries, oil surge

Market Mastery Webinar by Vishal Malkan Find the weak links in your portfolio by Vishal Malkan Indian benchmark indices Sensex and Nifty are likely to open on a weak note on Friday, with GIFT Nifty trading with mild losses amid a sharp selloff across Asian markets and overnight losses on Wall Street. Renewed concerns over heavy artificial intelligence spending have triggered selling in global technology stocks, while a surge in crude oil prices amid fears of fresh US military strikes against Iran could weigh on sentiment. The weak global cues come after Indian equities staged a strong rebound in the…