The benchmark BSE Sensex opened higher by 81.57 points, reaching 75,156.08, while the NSE Nifty began the session with a gain of 38.50 points, opening at 22,859.90.
Indian benchmark indices start Friday's trading session on a muted note influenced by global cues. The Nifty 50 index declined by 29 points to 22,374.20 in the early trade while the BSE Sensex lost 149 points to 73,548 at the time of filing this report.
The Sensex opened 192.45 points down at 73,319.40, while the Nifty started the day 68.95 points lower at 22,233.55. Among the Nifty firms, 16 witnessed advances while 34 faced declines in early trade.
The Sensex declined by 267 points to 73,956, while the Nifty 50 declines 73 points to 22,451 on the early trade during Friday. Despite this, Nifty 50 formed a small negative candle on the daily chart, indicating substantial resistance at new all-time highs.
Shares of Navin Fluorine International Limited slumped 13 per cent in early trade Friday after its Managing Director Radhesh R Welling tendered his resignation citing “personal reasons”.
Indian stock indices traded steady Wednesday early trade, after they were in the green for the past three-to-four sessions. As it seems, investors possibly are looking for mild profit booking.
Shares of Crompton Greaves Consumer Electricals Limited dropped over 10 per cent during early trade Tuesday, a day after its CEO resigned from his post.