Closing Bell: Markets Crash! Sensex Slips 269 Points

The benchmark equity indices Sensex and Nifty closed Friday’s trading session on a bearish note, dragged by selling in banking, auto, and energy stocks.

The BSE Sensex dipped 269.03 points, or 0.34 percent to 77,209.90. The NSE Nifty slipped 65.90 points, or 0.27 percent to 23,501.10. The Bank Nifty sank 121.80 points, or 0.23 percent to 51,661.45.

Marico, Cholamandalam Invest, UltraTech Cement, Adani Enterprises, HAL, Bharat Electronics, DLF, Tata Motors-DVR, Bank of Baroda, PNB, and Zomato were the top laggards.

Among the gainers were Havells India, Bharat Airtel, IRFC, Interglobe Aviation, Jindal Steel & Power, Info Edge (India), and LTIMindtree.

In Asian markets, Thailand, and Indonesia ended higher, while Singapore, Tokyo, Malaysia, South Korea, Taiwan, Hong Kong, and Shanghai closed lower.

US markets closed on a mixed note on Thursday.

European stocks were trading in the red.

Brent crude lost 0.15 percent to USD 85.58 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 415.30 crore on Thursday.

On Thursday, the Sensex soared 141.34 points, or 0.18 percent to 77,478.93, while the Nifty inched up 51.00 points, or 021 percent to 23,567.00.

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