Sensex, Nifty likely to open lower; Axis Bank, Lupin, HPCL in focus

The Indian market is likely to open lower on Friday following weakness in Asian peers amid tensions between the US and China and an overnight fall in US markets. At 8 am, the SGX Nifty traded 58 points lower at 11,162, indicating a negative start for the Sensex and the Nifty50.