In opening trades, Sensex slipped 511 points or 0.88% to 57,389. Similarly, Nifty was quoting at 17,084 plunging 163 points or 0.95%.
Asian stocks are trading mixed on Friday, following overnight losses on Wall Street.
Axis Securities is bullish on Infosys with a price target of Rs 1,830 - 1,845 per share.
In opening trades, Sensex slipped 125 points or 0.22% to 57,991. Similarly, Nifty was quoting at 17,304 declining 20 points or 0.12%.
The Fed will conclude its two-day policy meeting on Wednesday later, and central bank Chair Jerome Powell is set to speak at a press conference.
Religare Broking is bullish on PI Industries with a price target of Rs 3,050 per share.
Axis Securities is bullish on Tata Communications with a price target of Rs 1,550-1,580 per share.
Asian stocks are trading lower on Tuesday as the omicron variant returned to focus.
In opening trades, Sensex zoomed 354 points or 0.60% regaining 59,000-mark at 59,141 while Nifty was quoting at 17,625 surging 113 points or 0.65%.
Despite strong global cues, our markets started the week on a negative note and slipped further to close at the lowest level in the last three months