Sensex slips 200 pts, Nifty below 24,800 amid profit booking; IT, auto stocks fall

Benchmark indices Nifty and Sensex opened lower on Friday, October 3, as investors booked profits after a significant Wednesday surge. Banks, FMCG, and IT stocks faced selling pressure, while metal and PSU bank stocks saw gains. The broader market, including Nifty Midcap and Smallcap, outperformed the benchmarks by opening in the green.