Major Asian stocks opened lower on Friday, extending falls on Wall Street where higher US Treasury yields, inflation and rising recession fears persisted. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.11 per cent higher.
Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range