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Sensex, Nifty open on a cautious note; IT stocks fall
Domestic equity benchmarks opened on a cautious note on Friday tracking weakness in index-heavyweight IT stocks amid mixed global cues.
Mumbai: Domestic equity benchmarks opened on a cautious note on Friday tracking weakness in index-heavyweight IT stocks amid mixed global cues.
After opening on a positive note, the 30-share index turned choppy to trade 15.89 points, or 0.04 per cent, lower at 40,559.28. Similarly, the broader Nifty slipped 20.45 points, or 0.17 per cent, to 11,947.95.
Also Read: Sensex ends 182 pts higher; RIL up 2 pc
On Thursday, the Sensex ended 76.47 points, or 0.19 per cent, lower at 40,575.17. The Nifty closed 30.70 points, or 0.26 per cent, down at 11,968.40.
On the currency front, the rupee appreciated 4 paise (intra-day) against the US dollar to trade at 71.72 in early session.
Also Read: Rupee slips 9 paise to 71.80 against USD in early trade
Brent futures, the global oil benchmark, fell 0.59 per cent to USD 63.59 per barrel.(PTI)