The BSE Sensex is expected to open lower on Friday as weak U.S. and Asian markets encourage investors to take profits after a rally this month.

The BSE Sensex should open higher on Wednesday after the finance minister said the fiscal stimulus will be maintained, but gains will be limited after the market fell to its lowest close in two months in the previous session.

The BSE Sensex posted its biggest weekly fall in 11 weeks, but early gains on Friday triggered by strong global cues were checked by a 4 percent fall in energy giant Reliance Industries.

Indian markets are expected to trade in a choppy zone with a downtrend bias due to growing concerns about valuations and weak overseas cues despite strong inflows of foreign funds, analysts said.

Indian markets would be in a consolidation mode in the coming holiday-truncated week, analysts said, adding that traders would be seen buying on dips.

India's main stock market index, the BSE Sensex closed, Friday, on a subdued note, slipping 0.53 percent or 88.43 points on profit booking ahead of a holiday curtailed week.

India's man stock market index, the BSE Sensex showed signs of fatigue on Wednesday by snapping its five-day winning streak with a 167 points plunge as traders sold overpriced stocks and booked profit.

India's second largest telecom operator Reliance Communications has revived plans of tapping the primary market by launching an initial public offering (IPO) of its tower unit Reliance Infratel.

India's main stock market index, the BSE Sensex rallied for the fifth day in a row, closing 0.87 percent or 145.13 points higher on Tuesday, on the back of handsome gains logged by technology, finance and FMCG stocks.

The Indian markets would remain rangebound with a positive bias this week, driven by hopes of economic recovery, analysts said.

India's benchmark stock market index, the Bombay Stock Exchange (BSE) Sensex extended its gains on Friday, closing 0.18 percent or 30.19 points higher, despite heavy bout of profit booking.

Amid a flurry of initial public offerings (IPOs) through which many companies are raising funds from the primary market, concerns are growing whether retail investors should take the plunge.

India's prime stock market index, the Bombay Stock Exchange (BSE) Sensex barely survived from being dragged down by heavyweight Reliance Industries on Thursday and managed to eke out a modest gain of 0.20 percent or 34.07 points to post its highest close in over 15 months.

India's benchmark stock market index, the Bombay Stock Exchange (BSE) Sensex returned to its winning ways, gaining 1.48 percent or 240.26 points on Monday to its highest close in over 15 months on reports that some corporates have paid advance tax higher-than-expected.

India's second largest state-run oil explorer Oil India Ltd (OIL) has fixed the price of its share issue at the upper price band of Rs.1050 per share, the government announced on Tuesday.

India's benchmark stock market index, the Bombay Stock Exchange (BSE) Sensex snapped its 6-day winning streak on Monday, falling prey to profit booking as investors dumped overpriced stocks to make a quick buck.

India's benchmark stock market index, the BSE Sensex will continue its uptrend in the coming week on the back of positive cues, analysts said.

India's benchmark stock market index, the Bombay Stock Exchange (BSE) Sensex rallied for the sixth day in a row and close in the positive zone on Friday, driven by banking, IT and consumer durables stocks.

Godrej Properties, the realty arm of the diversified $2 billion Godrej Group, is gearing up to tap the equity market with an initial share sale by December-end.