Benchmark indices opened higher on Friday but quickly slipped into the red, with the Sensex down 221.07 points (0.30%) at 74,094.54 and the Nifty 50 down 60.50 points (0.26%) at 22,936.85 in early trade. IT stocks led the gainers, with Tech Mahindra up 4.84%, Infosys up 3.42% and TCS up 2.91%, while HDFC Life fell 3.16%. The pullback follows Thursday's 374-point Nifty rally, and analysts said a fall below 22,800 could shift sentiment, while a sustained move above 23,100 would open the path toward 23,490. Foreign institutional investors were net sellers of about ₹5,285 crore on Thursday, while domestic institutions bought about ₹3,319 crore, and the US 10-year Treasury yield fell to about 5.09%. SEBI also issued a circular, effective December 7, 2026, revising market timing and F&O expiry settlement rules.
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