The equity benchmark indices Sensex and Nifty slipped in early trade on Friday, weighed down by selling in finance services and banking stocks.
In early trading, the 30-share BSE Sensex dipped 471.17 points, or 0.58 percent to 79,578.50. The Nifty sank 109.15 points, or 0.44 percent to 24,193.00.
HDFC, Mahindra & Mahindra, Titan, Samvardhana Motherson, Bajaj Holdings, Tata Steel, Induslnd Bank, ABB India, Zomato, and ICICI Bank were the top laggards.
Among the gainers were IRFC, Bharat Electronics, TVS Motor Company, Divi’s Labs, ONGC, Cipla, RECL, Zydus, and HAL.
In Asian markets, Indonesia, Thailand, and South Korea were trading in positive territory, while Tokyo, Hong Kong, Malaysia, Shanghai, Singapore, and Taiwan were trading in negative territory.
US markets closed higher on Thursday.
European markets ended in positive territory on Thursday.
Brent crude lost 0.37 percent to USD 87.11 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 2,575.85 crore on Thursday.
On Thursday, the Sensex advanced 62.87 points, or 0.08 percent, to 80,049.67, while the Nifty moved 15.65 points, or 0.06 percent, to 24,302.15.
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