Share/Stock Highlights: The topline equity indices on BSE and National Stock Exchange (NSE) fell for the fourth consecutive day, declining over 0.7 per cent on Friday triggered by a fall in metals, pharmaceuticals, public sector banks and information technology (IT) stocks amid weakness in the global market.
The S&P BSE Sensex fell 427.44 points (0.72 per cent) to end at 59,037.18 while the broader Nifty 50 crashed 139.85 points (0.79 per cent) to settle at 17,617.15. Both the indices had opened over a per cent lower earlier in the day and had fallen around 1.5 per cent in the intraday trade.
On the Sensex pack, Bajaj Finserv was the top loser of the day falling over 5 per cent. It was followed by Tech Mahindra, Tata Steel, Bharti Airtel, IndusInd Bank and Larsen & Toubro (L&T). On the other hand, Hindustan Unilver (HUL), Maruti Suzuki India, Housing Development Finance Corporation (HDFC), Nestle India, HDFC Bank and Tata Consultancy Services (TCS) were among the top gainers.
Going ahead, market participants will look forward to the outcome of the December quarter results of oil-to-telecom behemoth Reliance Industries (RIL) which will be announced later in the day.
(with inputs from agencies)