Market records steepest weekly declines in over two years
At close, Sensex ended near the 78,000 mark, shedding 1.5% from the previous session, while the Nifty fell below 23,600, also down 1.5%.
At close, Sensex ended near the 78,000 mark, shedding 1.5% from the previous session, while the Nifty fell below 23,600, also down 1.5%.
Benchmark indices tumbled over 1% on Thursday marking their fourth consecutive session of decline. The decline came amid global market weakness weighing heavily on investor sentiment.
At close, the Sensex was down 1,064.12 points or 1.30 per cent at 80,684.45, and the Nifty was down 332.25 points or 1.35 per cent at 24,336.
Benchmark indices ended sharp recovering from the day's low in a highly volatile session, and ended strong led by auto, bank, telecom and FMCG names.
At close, the Sensex was up 16 points or 0.02% at 81,526, and the Nifty was up 32 points or 0.1% at 24,642.
On the broader market front, the S&P MidCap and SmallCap ended 0.92 per cent and 1.27 per cent higher respectively.
On the NSE, Nifty50 plunged 193.60 points or 1.68 per cent to close at 11,333.85.
BSE bankex, finance, metal, energy, realty and utilities indices fell up to 1.51 per cent.
On the other hand, ONGC, Axis Bank, Tech Mahindra, Infosys and ICICI Bank were among the laggards.
The BSE gainers were led by IndusInd Bank (spurting over 8 per cent) followed by Axis Bank, ICIC Bank, Sun Pharma, SBI and Kotak Bank.
