BSE index settled 433.15 points lower.
Domestic equity benchmark Sensex plunged 433 points on Friday, tracking heavy losses in banking, consumption, and auto stocks amid a selloff in global markets.
Tanking 663 points from the day’s high, the 30-share BSE index settled 433.15 points or 1.13% lower at 37,877.34. (433 points)
The broader NSE Nifty slumped 122.05 points or 1.08% to close at 11,178.40.
Axis Bank was the top loser in the Sensex pack, falling around 3%, followed by SBI, M&M, Bajaj Finance, ITC, HDFC Bank, HCL Tech, and IndusInd Bank.
On the other hand, Sun Pharma, NTPC, Tata Steel, Titan, and Infosys were the gainers. (433 points)
According to traders, key indices made a U-turn after trading on a positive note in the first half of the session following massive losses in European equities.
Stock exchanges in Paris, Frankfurt, and London plunged up to 2% in early deals. (433 points)
Bourses in Hong Kong and Seoul ended in the red, while Shanghai and Tokyo settled with gains.
Global oil benchmark Brent crude was trading 0.65% lower at USD 44.67 per barrel. (433 points)
In the forex market, the rupee settled 6 paise lower at 74.90 against the US dollar.
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