Market opens: It is a flat to negative start for the benchmark indices on the last trading session of the week.

The Sensex is down 22.28 points at 39,719.08, while Nifty is down 16.60 points at 11,897.40. About 315 shares have advanced, 440 shares declined, and 41 shares are unchanged. 

In the early trade, Yes Bank, Hexaware, Bajaj Finance, Indiabulls Housing, Gail, Power Grid, HDFC Bank, HDFC, ICICI Bank, are among major gainers on the indices, while losers include RIL, IOC, BPCL, Dr Reddy's Lab, Gruh Finance, ITC, Bharti Airtel, Tata Steel, SBI and Zee Entertainment.

All the sectoral indices trading lower led by energy, FMCG, pharma, metal, and auto.

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