Mumbai, Oct. 16 -- The Indian equity markets opened on a flattish note on Friday amid profit-booking, with the Sensex and Nifty facing renewed selling pressure. Sensex tumbled over 130 points while Nifty was hovering near the 22,960 level.

Sensex opened at 74,341.08 and was trading at around 74,185.59, down 130.02 points or 0.17 per cent against the previous close of 74,315.61 at the time of reporting. At the same time, Nifty opened at 23,065.10 and was trading at around 22,974.05, down 23.30 points or 0.10 per cent, against the previous close of 22,997.35.

Most broad market indices traded in the red; amongst the sectoral indices, Nifty IT emerged as the top gainer, surging over a per cent while most other indices including auto, financ...