Stock Markets Open Lower; Sensex Falls 243 Points, Nifty Below 26,110

New Delhi, 21 November (Udaipur Kiran): Indian equity markets opened in the red on the last trading day of the week, with both benchmark indices extending their decline.

markets

The BSE Sensex was trading 242.53 points down, or 0.28%, at 85,390.15. The NSE Nifty slipped 86.50 points, or 0.33%, to 26,105.65 in early trade.

Out of the 30 Sensex stocks, 23 were trading lower, while 44 out of 50 Nifty stocks were also in decline. All sectoral indices on the NSE were under pressure, with metal, banking and realty stocks seeing the most selling.

On Thursday, markets closed sharply higher. The Sensex had jumped 446.21 points to settle at 85,632.68, while the Nifty closed 139.50 points up at 26,192.15.

Weakness in broader global cues and profit-booking by investors are likely weighing on market sentiment today.

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