Live: Sensex, Nifty Edge Lower; ITC Falls for Fourth Day

Sharemasterindia.com 9:30 a.m.: Nifty and Sensex trade on a subdued note in the morning deals on Friday. Selling pressure was visible in IT, FMCG, consumer durables, auto, realty and banking stocks.

From the Nifty-50 basket of stocks, 21 stocks were among gainers while 29 stocks fell. ITC was the top Nifty loser, the stock fell 1.3 per cent to Rs 297.75. Tata Motors, Ambuja Cements, Cairn India, ACC, Bajaj Auto and Axis Bank were also among the laggards.

On the other hand, Coal India, Sun Pharma, Idea Cellular, GAIL India, Lupin, Bharti Airtel and BPCL were also among the gainers.

The overall breadth was neutral as 696 shares were advancing while 655 were declining on the Bombay Stock Exchange.

Shares in Nestle fell 2.2 per cent to Rs 5,877 amid its ongoing controversy over its flagship product Maggi.

9:15 a.m.: Markets edge lower, Sensex down 70 points at 26,743 and Nifty slips 17 points to 8,113. Selling pressure visible in banking, realty, consumer durables, FMCG and auto stocks.

9:00 a.m.: Rupee opens unchanged at 64 against YS dollar.

8:45 a.m.: Take a look at top brokerage calls for today - Maruti Suzuki, Just Dial and Tata Communications

8:30 a.m.:  Funds on Tuesday: Foreign investors purchased a net of Rs 511.9 crore in equity markets, while domestic institutional investors bought a net of Rs 722 crore.

8:15 a.m.: Nifty is likely to open with a big cut in trades on Friday tracking weak trading of Nifty on the Singapore Stock Exchange.

The Nifty traded on the Singapore Stock Exchange commonly known as the SGX Nifty was down 0.7 per cent or 56 points at 8,089.

8:00 a.m.:Global market update-Asian shares got off to a tentative start on Friday while bonds snapped a vicious losing streak and the euro retreated as investors braced for U.S. jobs data and another session of uncertainty over Greece.

MSCI's broadest index of Asia-Pacific shares outside Japan was little changed after hitting a nine-week trough. Japan's Nikkei 225 dipped 0.34 per cent while shares in South Korea lost 0.3 per cent.

Overnight, U.S. stocks fell on Thursday, hit by nervousness ahead of Friday's jobs report and lingering uncertainty over a Greece aid deal with creditors.

The Dow Jones industrial average fell 170.69 points, or 0.94 per cent, to 17,905.58, the S&P 500 lost 18.23 points, or 0.86 per cent, to 2,095.84 and the Nasdaq Composite dropped 40.11 points, or 0.79 per cent, to 5,059.13.