Nifty, Sensex Cautious on Global Tech Sell-Off; Rupee Weakens

• Indian equities are set for a cautious start due to a global tech sell-off and weakness in US and Asian markets.
• Global markets, especially tech stocks, saw sharp declines as investors reassess valuations and AI spending.
• The Indian rupee hit a new all-time low of 90.55 against the US dollar, raising concerns about the current account deficit.
• ICICI Prudential AMC IPO enters its second day of subscription, attracting investor attention.
• FIIs sold Indian equities worth Rs 1,114 crore, while DIIs were net buyers, purchasing Rs 3,869 crore.

Why It Matters: Global tech sell-off and rupee weakness signal market volatility for Indian investors.