Benchmark stock market indices opened lower on Friday, resuming trending after a holiday, dragged by a decline in FMCG and auto stocks.

The S&P BSE Sensex was down by 208.31 points to 80,775.00, while the NSE Nifty50 lost 75 points to 24,760.80 as of 9:30 am.

Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that the positive impact of the central bank's bold initiatives to boost

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