Sensex snaps 2-day winning run amid weak global cues
The Hindu
The 30-share BSE Sensex ended 123.52 points or 0.20% lower at 60,682.70, while the NSE Nifty slipped 36.95 points or 0.21% to finish at 17,856.50
Equity benchmark Sensex declined 123 points on Friday due to selling pressure in metal and energy stocks amid a bearish trend in global equity markets.
Rising crude prices and continued selling by foreign investors also weighed on market sentiment, traders said.
Snapping its two-day gaining streak, the 30-share BSE Sensex ended 123.52 points or 0.20% lower at 60,682.70. During the session, the index touched a high of 60,774.14 and a low of 60,501.74.
The broader NSE Nifty slipped 36.95 points or 0.21% to finish at 17,856.50.
HCL Tech was the biggest loser on the Sensex chart, shedding 2.79%, followed by Tata Steel, ICICI Bank, Reliance Industries, ITC, Wipro, Infosys and M&M.
In contrast, Tata Motors, L&T, Bharti Airtel, HDFC Bank and SBI were among the winners, climbing up to 2.05%.
"During this week, the benchmark BSE-30 and Nifty-50 were almost flat. However, the BSE Midcap and BSE Small-cap index saw positive gains during the week.
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