Indian markets were trading lower on Friday with NSE Nifty down by 0.4 percent at the time of publication of this report.

Suzlon Energy continued with recovery rally and the renewable energy major closed the session at Rs 57.65.

Suzlon Energy share price declined 3.8 percent on Friday and closed at Rs 57.81. The stock opened at Rs 60.31 but drifted soon in the negative territory.

Suzlon Energy stock managed to close above psychological level today. While Suzlon gained just 1.3 percent in today's session, it has closed at its highest level in a month.

Suzlon Energy share price has been staying in a range over the last few trading sessions.

Suzlon Energy share price declined marginally on Friday. The stock has been recommended as BUY Call by research house Geojit Financial Services with target price at Rs 71.