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.
Also read: Biden assures India of a firm partnership
For Maha Kumbh 2025, preparations are in full swing as authorities work to ensure all…
Prime Minister Narendra Modi wrapped up his two-day visit to Kuwait on Sunday evening. In…
Maha Kumbh 2025 with preparations for the Maha Sammelan are in full swing as 13…
The MRM strongly endorsed Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s statement on temple-mosque disputes.…
For Maha Kumbh-2025, the Prayagraj Mela Authority has made extensive preparations to provide a clean…
Prime Minister Narendra Modi is all set to attend the Christmas celebrations at CBCI Centre…