Indices open lower on weak global cues

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Mumabi: Indian indices opened on negative note on Friday with Nifty below 17500 amid weak global cues.

At 09:16 IST, the Sensex was down 148.58 points or 0.25% at 58658.55, and the Nifty was down 37.90 points or 0.22% at 17478.90. About 1139 shares have advanced, 677 shares declined, and 76 shares are unchanged.

IndusInd Bank, ITC, Cipla, IOC, Asian Paint and M&M were among major gainers on the Nifty, while losers were Axis Bank, HDFC, Tata Motors, Bajaj Finance, Kotak Mahindra Bank and HDFC Bank.

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