Mumbai, July 14: Markets slipped into red after the scaling record high on Thursday and was 26 points (0.8 per cent) down in the initial trading on Friday. Markets closed at 32,037 points after scaling 32,109 points during the trading.Also Read - Paytm Shares: Should You Sell Or Keep After Muted Listing? Know What Experts Have To Say

The National Stock Exchange (NSE) also opened in red on Friday after recording a new intra-day high of 9,897.25 points on Thursday. The wider index was down 17 points and trading at 9,874. Also Read - Punit Goenka Exposes Invesco’s Fraud In ZEEL Board Meeting

Sunpharma, Infosys, Cipla, Dr Reddy’s and Lupin were leading the market trading. Infosys which reported a 3.3 per cent decline in its Q1 results was leading the pack of stocks in green. Banking sector stocks like Stata Bank of India, HDFC Bank, ICICI Bank were trading in red. Also Read - Sensex Falls Over 410 Points, Nifty Drops Below 17,7501 | Key Points

Like the BSE, pharma stocks were the main gainers on NSE as well.