New Delhi, Sept. 26 -- The Indian stock market traded lower on Friday, extending losses for the sixth consecutive session, on weak global cues, after US President Donald Trump announced 100% tariffs on imports of branded or patented pharmaceuticals starting October 1.

Both the benchmark indices slipped half a percent each, with the Sensex trading below 80,800, while the Nifty 50 falling below 24,800 level. Broader indices underperformed, as the Nifty Smallcap 100 and the Nifty Midcap 100 indices dropped over a percent each.

On the Nifty options front, Chandan Taparia Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Ltd said that the maximum Call Open Interest (OI) is at 25,000 then 25,100 strike, while ...