Equity benchmark indices fell in early trade on Friday due to weak Asian market cues and were subsequently trading in extremely erratic patterns.
After a shaky start, the 30-share BSE Sensex fell 342.74 points to 65,639.74. The Nifty index dropped 97.75 points to 19,667.45.
Later, both benchmark indices had high volatility.
Axis Bank, State Bank of India, Bajaj Finance, Bajaj Finserv, HDFC Bank, and ICICI Bank were the Sensex’s largest laggards.
The top gainers were Asian Paints, Hindustan Unilever, Nestle, Mahindra & Mahindra, Tata Motors, and Titan.
Seoul, Shanghai, and Hong Kong were trading lower in Asian markets, while Tokyo was trading higher.
On Thursday, the US markets ended on a mixed note.
Brent crude climbed 0.25 percent to $77.61 a barrel.
According to data exchanged, Foreign Institutional Investors (FIIs) acquired securities worth Rs 957.25 crore on Thursday.
On Thursday, the Sensex gained 306.55 points, or 0.47 percent, to 65,982.48. The Nifty rose 89.75 points, or 0.46 percent, to 19,765.20.
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