Markets open in red

Markets open in red

Mumbai: The key Indian equity indices opened in negative territory on Friday weighed down by heavy selling pressure in capital goods, banking and IT stocks.

At 9.24 a.m., the wider Nifty50 of the National Stock Exchange (NSE) traded at 10,649.20 points, down 33.50 points or 0.31 per cent from the previous close of 10,682.70 points.

Similarly, the barometer 30-scrip Sensitive Index (Sensex) of the BSE, which had opened at 35,143.59 points, traded at 35,033.85 points (9.24 a.m.) — down 115.27 points or 0.33 per cent — from its previous session’s close of 35,149.12 points.

The Sensex has so far touched a high of 35163.11 and a low of 35,020.77points.

The BSE market breadth was tilted towards the bears with 639 declines and 619 advances so far.