Indian markets opened flat but NSE Nifty witnessed strong activity during the first hour of trade. NSE Nifty touched low of 23,903 and then witnessed strong upside move to 24,065.

Indian markets recovered from lower levels witnessing during the early trading session on Thursday.

Coinbase Global stock opened the trading session at $316.90 and touched an intraday high at $326.3. The stock was trading around $315 levels at the market close.

Indian markets witnessed volatility during the last week's trade and we also witnessed a surprise recovery of nearly 550 points in NSE Nifty 50 from lower levels on Friday.

Public sector banks were among major losers on Friday with Central Bank, UCO Bank, Indian Overseas Bank and IDBI Bank down by over 4 percent.

The Securities and Exchange Board of India (SEBI) has taken strong regulatory action against Ravindra Balu Bharti, a prominent YouTuber, and his company, Ravindra Bharti Education Institute.