Indian shares seen lower amid global IT selloff ahead of U.S. inflation
Feb 13 (Reuters) – India’s stock benchmarks are poised to open lower on Friday, tracking a drop in Wall Street and Asian equities, with information technology shares likely to remain under pressure ahead of the U.S. inflation reading due later in the day. The Gift Nifty futures were trading at 25,719.5 points, as of 7:38 a.m. IST, indicating the benchmark Nifty 50 will open below Thursday’s close of 25,807.2. Domestic equities declined in the previous session with IT stocks sliding 5.5% to a 10-month low on concerns over artificial intelligence-linked disruption to the sector, while fading expectations of a near-term