The market has started off last day of the week on a flat note. The Sensex fell 2.35 points to 27199.14 and the Nifty declined 2.40 points to 8335.50.
Lupin and Tata Motors were top gainers in early trade, up 2 percent each followed by Sun Pharma, BHEL, Hero MotoCorp and Aurobindo Pharma while Tata Steel, ITC, ONGC, Bharti Airtel, ICICI Bank, Idea Cellular and Bharti Infratel were losers.
Asian markets were trading lower with the Shanghai, Hang Seng and Nikkei falling 0.5-1 percent as oil declined Thursday and ahead of US payroll data due today.
Brent and US crude oil futures rebounded from 2-month lows today, up over a percent.
US stocks closed mixed on Thursday as sharp declines in oil prices weighed. Investors are also looking ahead to the highly-anticipated jobs report due Friday morning.
9:32 am Markte Update: Equity benchmarks extended sell-off with the Nifty breaching 8300 level.
The Sensex fell 108.71 points to 27092.78 and the Nifty declined 33.50 points to 8304.40. The market breadth was weak as about 839 shares declined against 653 advancing shares on BSE.
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