Mumbai: Indian frontline indices, Sensex and Nifty were trading in the red on Friday following weak global cues

At 9.40 a.m., Sensex was down 196 points or 0.26 per cent at 76,614 and Nifty was at 23,358, down 40 points or 0.17 per cent.

Broder markets are trading with uptrend. Nifty midcap 100 is up 202 points or 0.37 per cent, at 54,841 and Nifty smallcap 100 is up 69 points or 0.39 per cent, at 17,977.

At 9.40 a.m., Sensex was down 196 points or 0.26 per cent at 76,614 and Nifty was at 23,358, down 40 points or 0.17 per cent.

Broder markets are trading with uptrend. Nifty midcap 100 is up 202 points or 0.37 per cent, at 54,841 and Nifty smallcap 100 is up 69 points or 0.39 per cent, at 17,977.

Auto, IT, and Pvt banks are major losers. Titan, M&M, HUL, Asian Paints, Bajaj Finance, and Sun Pharma are the top gainers. However, Tech Mahindra, NTPC, JSW Steel, HCL Tech, and ICICI Bank are the top losers.

Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher Pvt. Ltd, said, “Nifty has witnessed a sluggish and gradual rise during the last four sessions finding resistance near the 23,400 – 23,450 zone with some profit booking witnessed in the second half of the trading session.”