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Global Covid concerns, likely bearish earnings subdue equities
TIWN
Global Covid concerns, likely bearish earnings subdue equities
PHOTO : TIWN

Mumbai, July 10 (TIWN) Global concerns over the spread of 'Delta' variant as well as bearish expectations from the Q1FY22 results season, subdued the key Indian equity indices on Friday.

Equity markets opened in the negative zone and remained sideways throughout the day as investors became cautious of the rising Covid cases globally and profit booking continued for the second day in a row.  On the domestic front, market turned negative as host of events like weak global cues, below expected TCS results and fear of third wave of covid impacted sentiments.

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