Mumbai: The equity market on Friday ended in red, as the BSE Sensex slumped 889.40 pts to settle at 57,011.74 as heavy selling was witnessed in Bankex, Auto, Finance and Energy stocks amid weak Asian Market.
Most Asian markets were weak today as they factored in the implications of hawkish central banks and spurt cases of Omicron variant of Corona virus. The Nifty of National Stock Exchange (NSE) too slipped 263.20 pts at 16.,985.20. The Sensex opened higher at 58,021.63, up 120 pts. It was at 58,062.28, rise 161 pts days high.
Later, it dropped nearly 951 pts to 56,950, days low, before closing at 57,011.74, sliding 889.40 pts from its previous close.
The sensex registered days high and low at 58,062.28 and 56,950.98 respectively. The Nifty recorded days high and low at 17,298.15 and 16,966.45 pts respectively.
The sectoral indices that dragged the market were Realty, Bankex, Auto and Finance stocks. Realty was a major loser, down by 3.78 pc followed by Finance by 2.56 pc, and Auto by 2.53 pc.
In scrips, IndusInd Bank was worst hit down 4.89 pc to Rs 883.25 a major loser, followed by Kotak Bank by 3.55 pc to Rs 1794.35, Hind Unilever by 3.43 pc to Rs 2230.40, Titan by 3.25 pc to Rs 2280.60 and HDFC by 3.08 pc to Rs 2617.30. The gainers were Infosys by 2.84 pc to Rs 1821.70, HCL Technology by 0.96 pc to Rs 1171.60 and Powergrid by 0.82 pc to Rs 209.95. The Mid Cap fell by 2.42 pc and Small Cap by 2.07 pc In 30 scrips, 25 declined while 5 advanced. In Asian market Japan’s Nikkei slid 1.79 percent, Hong Kong’s Hang Seng by 1.2 percent.
