Sensex succumbs to late sell-off, ends 77 points lower
The Hindu
Sensex was pulled lower mainly by Maruti, Tech Mahindra, PowerGrid, ICICI Bank, Axis Bank and SBI .
The BSE gauge Sensex dived nearly 900 points from the day's peak to finish Friday's highly volatile session 77 points lower at 57,200, triggered by a late sell-off mainly in banking and auto shares.
Starting off on a high note, the 30-share index soared to trade briefly above the key 58,000-level in afternoon trade, before plunging to a low of 57,119.28. After fighting bouts of volatility towards the fag-end of the session, the index finally closed 76.71 points or 0.13% lower at 57,200.23.
Likewise, the NSE Nifty too swung between gains and losses before ending 8.20 points or 0.05% down at 17,101.95.
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