The two key equity benchmarks, Sensex and Nifty, on Friday ended trade in the red tracking global sell-off. The domestic indices recouped their losses a bit, however, didn’t turn positive throughout intraday trading session. Negative global cues coupled with declining bank stocks dented investors’ sentiment.
The S&P BSE Sensex tanked 671 points (1.12 per cent) to close at 59,135. On the other hand, the Nifty50 gave up the 17,450-mark to end at 17,413, falling 177 points (1 per cent). The two indices hit intraday lows of 58,885, and 17,324, respectively.
On the 30-share Sensex platform, HDFC Bank (down 2.6 per cent), HDFC, SBI, IndusInd Bank, Bajaj Finserv, Axis Bank, ICICI Bank, Kotak Bank, and Bajaj Finance featuring among the top 15 laggards. On the flip side, Tata Motors, Maruti, NTPC, PowerGrid, Sun Pharma, Titan, TechM emerged winners.
In the broader markets, the BSE Midcap and Smallcap indices were down 0.5 per cent each.
Sectorwise, the power index rose 1 per cent, while banks, realty, capital goods, and PSU Bank were down 1-2 per cent.
In the previous session on Thursday, the S&P BSE Sensex declined 542 points (0.9 per cent) to close at 59,806 level. On the other hand, the Nifty50 ended at 17,590, falling 165 points (0.93 per cent).