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Indian Stock Market Opens Flat as Sensex Falls Amid Profit Booking

Anshuman

Anshuman

Tech writer

October 16, 2026· 1 min read
Indian Stock Market Opens Flat as Sensex Falls Amid Profit Booking

Indian equity markets opened nearly flat on Friday amid profit booking following the previous session’s strong rally. The Sensex fell over 130 points to around 74,186, while the Nifty 50 slipped 23 points to 22,974, moving below the 22,980 mark. IT stocks gained during early trade, while banking, auto and financial shares faced selling pressure. Investors also tracked crude oil prices and corporate earnings.

Written by

Anshuman

Anshuman

Tech writer

1 min read

Published October 16, 2026

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