India markets slump in early trade, Nifty slips below 24,650
Indian shares slipped in early trade on Friday, dragged by losses in technology, auto and mid-tier stocks, as sectoral breadth remained negative across the board. At 9:30 am IST, the Nifty 50 fell 0.97% to 24,648, while the Sensex declined 0.96% to 80,908. Broader markets declined sharply, with the Nifty Midcap index losing 1.9% and the Smallcap index dropping 2%.