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Markets Trade Lower; Nifty below 8200

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Local stock market opened lower on Friday.. The Sensex and Nifty declined 1.2-percent eacah at 10.30-am, pointing a further slip for the Indian market.

Meanwhile, PM Narendra Modi in his video conferencing at 9-am urged citizens to light candles/lights  at 9-pm for 9 minutes on April 5, as a way to demonstrate the fight against COVID19.

Looking to the sectoral stocks, Nifty Bank and Metal indexes remained the worst-performing sector, 3 percent. ICICI Bank and IndusInd Bank were the top losers. Nifty Pharma and Realty were the only sector to trade in the green. Get the updated Free Nifty tips, stock tips  from the expert.

Cipla, M&M, ITC,  SunPharma, Gail Indua are the Nifty50 gainers at this point trade while Kotak Bank, IndusInd Bank, ICICI Bank, remain the top losers.