Mumbai, Nov 14 || The Indian benchmark indices opened in the red zone on Friday, amid negative global cues due to fading hopes of US Fed rate cut and persistent selling by foreign institutional investors (FIIs), as counting went underway for Bihar poll results.
As of 9.25 am, the Sensex declined 292 points, or 0.35 per cent to 84,185 and the Nifty dipped 85 points, or 0.33 per cent to 25,794.
The broadcap indices performed in contrast to the benchmarks, with the Nifty Midcap 100 up 0.27 per cent and the Nifty Smallcap 100 advanced 0.15 per cent.
Sectoral indices on NSE were trading mixed with FMCG (down 0.28 per cent), IT (down 0.94 per cent), Auto (down 0.35 per cent) and Metal (down 0.54 per cent) being the main laggards. Nifty Media was the standout gainer, up 0.72 per cent.