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Sensex, Nifty trade nearly flat; IT index down 0.5 pc

News Snapshot:

Mumbai, Feb 16 The Indian equity markets opened the week almost flat with a mild negative bias on Monday, due to a weaker-than-expected earnings season and AI-led pressure on technology stocks.As of 9.25 am, Sensex lost 22 points, or 0.02 per cent, to reach 83,604, and Nifty lost 6 points, or 0.03 per cent, at 25,464.Main broad-cap indices posted stronger losses than benchmark indices, as the Nifty Midcap 100 declined 0.34 per cent, and the Nifty Smallcap 100 dipped 0.47 per cent.Sectoral indices traded mixed. Most notable losers were Nifty IT, down 0.55 per cent, and media, down 0.84 per…

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