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BENGALURU: Indian shares opened lower on Friday, dragged by financials and tracking Asian peers, after U.S. economic data added to concerns of a potential delay in the onset of Federal Reserve rate cuts.
Indian shares drop as central bank douses hopes of early rate cut
The NSE Nifty 50 index was down 0.18% at 21,679.05, while the S&P BSE Sensex fell 0.21% at 71,278.95, as of 9:21 a.m IST.