MUMBAI: The domestic stock market opened with a red mark on Friday amid weakness in information technology stocks and mixed international trend. On the last trading day of the week, the stock market of the country is showing a downward trend in the opening trade on Friday. The major index Sensex was trading 40,523.03 with a loss of 52.14 points at 9.38 am. While the Nifty of the National Stock Exchange (NSE) was trading at 11,948.95, down by 19.45 points at about the same time.
The Bombay Stock Exchange (BSE) 30-share major Sensex Sensex, however, gained 78.00 points to open 40,653.17 in the morning. However, the National Stock Exchange (NSE) 50-share sensitive index Nifty opened 11,967.30 with a slight weakness of 1.10 points.
Infosys lost three percent in Sensex companies. HCL Tech 1.67 per cent, Tech Mahindra 1.65 per cent, TCS 1.52 per cent, Bharti Airtel 1 per cent and Bajaj Auto were at a loss of 0.91 per cent. On the other hand, Sun Pharma was running at a profit of 3.16 percent, NTPC 2.69 percent, Powergrid 2.30 percent and Reliance Industries 1.74 percent. Traders said IT shares fell due to reports of change in requirements for work visas in the US. This affected the overall market sentiment.
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