Indian markets opened marginally lower on Friday, tracking weakness in global equities. At 9:20 am, the Sensex fell 0.12 percent to 83,338 points, while the Nifty eased 0.1 percent to 25,550 points.

Among sectoral indices, Nifty IT and Media led the losses, declining 1 percent each, followed by Nifty Realty and Nifty Private Bank, which slipped 0.5 percent and 0.2 percent respectively. On the gainers’ side, Nifty Consumer Durables and FMCG rose 0.3 percent each, while Nifty Auto and Healthcare added 0.1 percent.

In the IT space, Wipro fell 4 percent and Infosys dropped 1 percent after subdued quarterly results, while Eternal plunged 4 percent following a 63 percent fall in net profit. Analysts pointed to heightened volatility and mixed market cues, advising investors to adopt a cautious

See Full Page