Sensex tumbles 427 points; Nifty retains 17,600
The Hindu
Bajaj Finserv was the top laggard in the Sensex pack followed by Tech Mahindra, Tata Steel, Bharti Airtel, L&T, IndusInd Bank, Bajaj Finance and Infosys.
Extending its losses for the fourth straight session, equity benchmark Sensex slumped 427 points on Friday, tracking weakness in Bajaj Finserv, L&T and Infosys amid a widespread sell-off in global markets.
Relentless foreign fund outflows further weighed on the bourses, traders said.
The 30-share BSE index ended 427.44 points or 0.72% lower at 59,037.18. Similarly, the NSE Nifty plunged 139.85 points or 0.79% to 17,617.15.
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