Sensex falls 300 points, Nifty below 24,350. Here’s why analysts see range-bound trade

Indian stock markets opened lower on Friday, with Sensex falling over 300 points and Nifty declining 68 points, remaining range bound despite stable oil prices near $87 a barrel. Metal and auto stocks led losses, while broader markets stayed muted. Market breadth remained positive, with advances outnumbering declines on NSE.