The Sensex opened higher by 33 points at 21,198 mark and the Nifty declined by 6 points at 6,305 levels.
Markets have started the November series on a marginally higher note. Sensex has hit all time high in the opening trades.
The Sensex opened higher by 33 points at 21,198 mark and the Nifty declined by 6 points at 6,305 levels.
US stocks finished lower on Thursday as the Federal Reserve's statement the day before added to investors' anxiety about the timing of a pullback in its stimulus program. While it was a second consecutive day of losses for the market, all three major indexes ended October with solid gains.
Dragging on the Dow and the S&P 500, Visa Inc lost 3.5% to $196.67 after the world's largest credit and debit card company reported a 28% drop in quarterly profit.
Asian shares sagged on Friday though upbeat signals on China's manufacturing activity limited losses, while the dollar pushed higher after upbeat US data led some investors to price-in a less dovish stance at the US Federal Reserve. China's manufacturing sector grew at the fastest in 18 months in October, with the official Purchasing Managers' Index (PMI) rising to 51.4 last month from September's 51.1, beating economists' consensus forecast of 51.2.
The final HSBC/Markit Purchasing Managers' Index (PMI) came in at 50.9, up from 50.2 in September and unchanged from a preliminary flash estimate released last week.
MSCI's broadest index of Asia-Pacific shares outside Japan fell about 0.2%, while Australian shares gave up 0.2%, but still remained just shy of five-year highs. Japan's Nikkei stock average erased early gains and dropped 0.6%.
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