Today, the benchmark indices opened lower, with Nifty below 18800.
The Sensex was down 210.73 points or 0.33% at 63073.46, and the Nifty was down 57.50 points or 0.31% at 18755.
About 1,273 shares have advanced, 733 shares declined, and 145 shares are unchanged.
ONGC, Hindalco Industries, BPCL, IndusInd Bank and Reliance Industries were among the major gainers on the Nifty, while the major losers were Eicher Motors, Maruti Suzuki, Divis Laboratories, UltraTech Cement and ICICI Bank.
Gainers and Losers on the BSE Sensex in early trade at 9:38 am | Source: BSE
"Markets are likely to consolidate and drift lower in early trades Friday owing to weak Asian market cues. On daily charts, the market is in an overbought technical condition and continues to ignore the US bond market's recession warning. Investors worldover will closely watch today’s highly-anticipated US November jobs report. For Nifty, the make-or-break support is seen only at the 18587 mark. On a positive side, the US annual PCE inflation data showing that inflation declined to 6% in October could trigger a sell-off in the US Dollar. The softer-than-expected US PCE inflation data should also weigh heavily on the USD/INR"- Prashanth Tapse - Research Analyst, Senior VP (Research), Mehta Equities Ltd
