Taking from the mixed global cues on Friday Sensex opened at 60,814 down by 44 points and Nifty at 18,078.85 down by 29 points.
The top movers were Yes Bank, Vodafone Idea, Vedanta, Punjab National Bank, Tata Steel, and ICICI Bank.
Hindustan Zinc fell by 8 per cent, while HUL fell by nearly 3 per cent, while Power Grid, IndusInd Bank, Tata Motors, and HCL Tech were among the gainers.
With worries that the US may be headed for a painful recession, Wall Street was in a selling mood. The S & P 500 and Dow Jones Industrial Average also fell by 0.8 per cent, which is their third drop, and the Nasdaq composite went down by 1 per cent.
In Asian markets, Japan's Nikkei added 0.16 per cent while Australia's benchmark went up marginally by 0.09 per cent. South Korea's Kospi also saw a drop of 0.24 per cent.
The Indian rupee went up by 21 paise to 81.15 against the US dollar.
On Friday, the oil prices went up due to brightening economic prospects for China, which will improve the demand for fuel.
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