Investors refrained from placing any aggressive bets in the anticipation of the release of the US personal expenditures price index print, due on Thursday.
BSE Midcap and Smallcap indices fell over 1.5 percent amid reports that SEBI has urged asset managers to provide investors with more information on the risks associated with their small and mid-cap funds.
Stock Market Today Live Updates: Sensex and Nifty opened higher, looking to post another weekly gain. Rupee opened a paisa stronger. International crude oil prices showed a decline on Friday. Brent crude oil is down 0.25 points, or 0.30 per cent at 83.42 while WTI crude oil price is down 0.33 per cent at 78.35.
The momentum is likely to continue and markets expected to touch new highs. The market will track global cues as no major domestic events are lined up in the sort term, say analysts
Stock Market Today Live Updates: Sensex and Nifty made a muted start after a volatile session. Rupee opened stronger against US dollar. Japan's Nikkei 225 is at all-time high after breaching its 1989 record.