Benchmark equity indices Sensex and Nifty fell in early trade on Friday dragged by banking and IT stocks ahead of the start of earnings season next week.
The 30-share BSE Sensex fell 181.04 points to 79,762.67 despite a good start. The NSE Nifty fell 56.55 points to 24,132.10.
From the Sensex, Tech Mahindra, Tata Consultancy Services, Infosys, ITC, ICICI Bank, Kotak Mahindra Bank, Sun Pharma and HDFC Bank are the top performers.
NTPC, Tata Motors, Nestle and Adani Ports were among the beneficiaries.
In Asian markets, Seoul and Hong Kong were quoted in positive territory while Shanghai was trading weak.
US markets were in a negative spot on Thursday.
Foreign Institutional Investors (FIIs) turned buyers on Thursday after remaining sellers for the past several days. They bought shares worth Rs 1,506.75 crore, according to exchange data.
The global oil benchmark for Brent crude rose 0.30 percent to USD 76.16 a barrel.
The Sensex jumped 1,436.30 points or 1.83 percent – its best one-day gain in over a month – to settle at 79,943.71 on Thursday. The Nifty rose 445.75 points or 1.88 percent to 24,188.65.
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