Sensex, Nifty fall on inflation worries; Omicron concerns persist

Indian shares posted broad-based declines on Friday, pressured by foreign fund outflows, and as global central banks took a hawkish stance and warned of surging inflation. The NSE Nifty 50 index fell 1.53% to 16,985.20 and the benchmark S&P BSE Sensex dropped 1.54% to 57,011.74. Both the indexes shed…