First Tick: Top global cues to watch in today’s trade
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Indian equity benchmarks, BSE Sensex and Nifty 50, are expected to open lower on April 23, following a decline of nearly 1% on April 22 due to selling pressure in IT stocks and geopolitical uncertainties. GIFT Nifty indicates a weak start at around 24,226. Global markets showed mixed results, with US stocks rising on positive earnings and geopolitical developments, while Asian equities saw gains. FIIs continued selling, offloading over Rs 2,000 crore in equities, while DIIs turned net sellers, offloading more than Rs 1,000 crore.
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