Indian markets closed lower on Friday, hit by weak global cues, renewed US trade tariffs, and sustained FII outflows. Sensex fell 586 points and Nifty 203. Global markets also dropped sharply. FMCG stocks offered some defense. Analysts warned of extended correction amid technical weakness and growing caution among investors.
Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 results
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.