Indian markets were trading lower as PSU banks and Adani Group stocks were dragging the markets down. Among gainers were PAYTM, Indus Towers, Grasim, Tata Steel, Hindalco and Suzlon Energy.
NALCO share price jumped by 9 percent during early trades. NALCO was star performer in a weak market as metal stocks witnessed strong rally on China stimulus measures.
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Japan's Nikkei 225 index was trading 0.8 percent higher on Friday. The decline faced by Japanese stocks this week has been mainly due to selling pressure at higher levels.