MUMBAI: Indian benchmark indices opened flat with a mild negative bias on Friday, as markets are apparently in the consolidation phase amid lack of major cues.
As of 9.30 am, Sensex edged down 83 points, or 0.09 per cent to 85, 325 and Nifty eased 17 points, or 0.06 per cent to 26, 124.
Main broadcap indices outperformed benchmark indices in terms of gains, with the Nifty Midcap 100 advanced 0.35 per cent, while the Nifty Smallcap 100 added 0.27 per cent.
Cipla, Dr Reddys Labs and ONGC were among the major gainers in the Nifty Pack, while losers included Shriram Finance, Bajaj Finance, Tata Steel, Max Healthcare and TCS.