Similarly, the NSE Nifty also swung between gains and losses before closing down 8.20 points or 0.05 per cent at 17,101.95.
Highlight
- The Sensex ended with a fall of nearly 900 points from the day’s peak to end Friday’s session down 77 points at 57,200.
- The NSE Nifty also swinged between gains and losses before ending at 17,101.95, down 8.20 points or 0.05%.
- Meanwhile, international oil benchmark Brent crude fell 0.42 per cent to $89.70 a barrel.
The BSE gauge Sensex ended 77 points lower at 57,200, down nearly 900 points from the day’s high to end Friday’s highly volatile session, mainly triggered by a late selloff in banking and auto stocks.
Starting on a higher note, the 30-share index rose to trade above the key 58,000-level in afternoon trade, before falling as low as 57,119.28. After battling volatility at the end of the session, the index finally settled down 76.71 points, or 0.13 per cent, at 57,200.23.
Similarly, the NSE Nifty also swung between gains and losses before closing down 8.20 points or 0.05 per cent at 17,101.95.
The Sensex was mainly dragged by Maruti, Tech Mahindra, PowerGrid, ICICI Bank, Axis Bank and SBI – which lost 3 per cent.
Vinod Nair, Head of Research, Geojit Financial Services said, “After posting a good opening after yesterday’s weak end, domestic stock markets again staged a quick selloff tracking the weak European trend. Tighter policy by US Fed and Growing geopolitical tensions in Ukraine colored global sentiments.
He said after continuous heavy selling this week, the broader market was mixed, tracking IT, realty and mid and smallcaps.
Elsewhere in Asia, all but Japan and Korea saw a mixed trading pattern. Meanwhile, international oil benchmark Brent crude fell 0.42 per cent to $89.70 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market, selling shares worth Rs 6,266.75 crore on Thursday, according to official exchange data.
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