Opening Bell: Sensex Opened Lower at 35,406.47 Points and Nifty Down by 45 Points
Stock Trading (Image used for representational purpose only) (Photo Credits: PTI)

Mumbai, June 8: Taking a cue from global markets, the key Indian equity market indices on Friday opened lower. The Sensitive Index (Sensex) of the BSE, which had closed at 35,463.08 points on Thursday, opened lower at 35,406.47 points. Minutes into trading, it was quoting at 35,328.68 points, down by 134.40 points, or 0.38 percent. At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,768.35 points on Thursday, was quoting at 10,723.35 points, down by 45 points or 0.42 percent.

Value buying, coupled with positive global markets and normal progression of the monsoon, had lifted the key domestic equity indices on Thursday. Market observers pointed out that the healthy buying in banking, metal and capital goods stocks supported the key indices' northward trajectory.

The Sensex was up by 284.20 points or 0.81 percent at the Thursday's closing. In the day's trade, the barometer 30-scrip sensitive index had touched a high of 35,628.49 points and a low of 35,278.38 points. The Nifty, too, was up by 83.70 points or 0.78 percent.

On Friday, Asian indices were showing a negative trend. Japan's Nikkei 225 was quoting in red, down by 0.35 percent while Hang Seng was down by 1.27 percent, South Korea's Kospi was also down by 0.57 percent. China's Shanghai Composite index was trading in red, down by 1.24 percent. Overnight, Nasdaq closed in red, down by 0.71 per cent while FTSE 100 was also down by 0.10 percent at the closing on Thursday.