Sensex and Nifty Open Lower as Profit-Booking Weighs
Indian benchmark indices opened lower Friday after the previous session’s sharp rally. The Sensex fell 113 points to 74,187 in early trade; foreign fund outflows and weakness in Reliance Industries also weighed on sentiment.
Indian benchmark indices started Friday’s session lower as investors took profits after the previous session’s sharp rally. Continued foreign fund outflows and weakness in heavyweight Reliance Industries also weighed on sentiment. The 30-share BSE Sensex dropped 113 points to 74187 in early trade.