The two key equity benchmarks, Sensex and Nifty, on Friday began in the red tracking a weak note amid tepid global trends. At 9.44 am, the BSE Sensex was down 204 points to 65,048. On the other hand, the NSE Nifty50 was trading at 19,323, down 64 points.
On the 30-share Sensex platform, JioFin stocks hit 5 per cent lower circuit on the BSE for the fifth consecutive day post listing. So far, shares of Jio Financial have shed 29 per cent after it debuted bourses. IndusInd Bank, L&T, UltraCemco, Axis Bank, Wipro, HCL, ITC were among early losers. On the flip side, Bajaj Finance, Tata Motors, Reliance, Asian Paints, and Maruti emerged gainers.
In the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 indices dropped up to 0.4 per cent.
Sectorwise, the indices were trading in the negative zone. Nifty PSU Bank and Nifty Metal indices were the worst hit as they fell up to 0.8 per cent.
In the previous session on Thursday, the BSE Sensex settled 181 points lower at 65,252, while the NSE Nifty declined 57 points to close at 19,386