Sensex, Nifty open in red; IT continues to bleed

MUMBAI: The Indian equity markets opened the last trading session of the week in red on Friday, extending sharp losses seen the previous day.

As of 9.26 a.m., Sensex lost 154 points, or 0.19 per cent, to reach 82, 343, and Nifty dipped 31 points, or 0.12 per cent, to settle at 25, 423.

Main broad-cap indices moved in opposite directions as the Nifty Midcap 100 lost 0.13 per cent, while the Nifty Smallcap 100 gained 0.13 per cent.

Sectoral indices traded mostly in the green except Nifty IT, the major loser, down 1.07 per cent and media, down 0.41 per cent.