Sensex and Nifty fell on Friday after a five-day rally as investors pared exposure to banking, financial, and consumer durable firms amid mixed trends in global markets.
The 30-share BSE Sensex plummeted 609.28 points or 0.82 percent to 73,730.16. During the day, it dropped 722.79 points or 0.97 percent to 73,616.65.
The NSE Nifty slid 150.40 points or 0.67 percent to 22,419.95.
Bajaj Finance, Bajaj Finserv, Induslnd Bank, Nestle India, Mahindra & Mahindra, Avenue Supermarts, and Kotak Mahindra Bank were the top laggards.
Among the gainers were Tech Mahindra, IRFC, Havells India, Divi’s Labs, Vedanta, LTIMindtree, Interglobe Aviation, Samvardhana Motherson, and Bajaj Auto.
In Asian markets, Shanghai, Tokyo, South Korea, Hong Kong, Taiwan, and Malaysia all finished higher.
European stocks were trading higher.
US markets concluded lower on Thursday.
Brent crude gained 0.31 percent to USD 89.29 a barrel.
According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 2,823.33 crore on Thursday.
On Thursday, The Sensex jumped 486.50 points or 0.66 percent to 74,339.44, while the Nifty moved 167.95 points or 0.75 percent to 22,570.35.
Also read: Xi Says United States And China Should Be Partners, Not Rivals
Amit Shah launches the BJP’s Uttar Pradesh election campaign, targets the SP and Congress, and…
The slogan “Modi kahin nahi jaayega” echoed across Banaskantha as Gujarat leaders rallied support for…
PM Modi will visit Brussels in December to sign the India-EU free trade agreement, European…
Sensex and Nifty extended gains for a second session as IT and pharma stocks attracted…
Reliance Jio added 1.9 million mobile subscribers in September, nearly 10 times Airtel’s 200,000 additions,…
Amit Shah announced the BJP’s plan to implement the Uniform Civil Code in Uttar Pradesh…