The Indian benchmark indices were trading in the red on Friday. The BSE Sensex was down 425.98 points at 78,528.78, while the Nifty 50 fell 68.65 points to 24,567.35 at 11:14 am. Broader markets witnessed marginal gains, while financial and banking stocks declined in early trade, according to Times Now. Meanwhile, crude oil prices also rose around 1% on Friday.