Indian shares were slightly lower as IT stocks continued to slide due to concerns about disruption from AI start-ups. The Sensex fell 0.4% to 83,934, while the Nifty dropped 0.3% to 25,869. HCL Tech, TCS, Tech Mahindra, and Infosys were down 3-5%. Federal Bank and Equitas Small Fin Bank declined after RBI approval for stake acquisitions. Netweb Technologies tumbled on reports of promoter stake sale. ONGC rose ahead of earnings release, while Kernex Microsystems rallied on a new order. Acutaas Chemicals gained after acquiring a stake, Hindalco Industries dropped due to a fire incident, and Lenskart Solutions soared on Q3 profits.
Read more at Nasdaq, Inc.: Indian Shares Edge Lower As IT Stocks Extend Losses
