Nifty closed 67.10 points lower at 15,293.50.
Nifty closed 67.10 points lower at 15,293.50.
Benchmark indices extended their losing streak for the sixth straight session on Friday with the Sensex falling 135 points amid mixed global markets, unabated foreign fund outflows and rising crude oil prices.
The BSE benchmark ended 135.37 points or 0.26% lower at 51,360.42. During the day, the benchmark faced volatility and fell 574.57 points or 1.11% to its one-year low of 50,921.22.
The NSE Nifty closed 67.10 points or 0.44% lower at 15,293.50.
From the Sensex pack, Titan, Wipro, Dr Reddy’s, Asian Paints, Sun Pharma, PowerGrid, Larsen & Toubro, UltraTech Cement, Maruti, TCS and Hindustan Unilever were the biggest laggards.
On the other hand, Bajaj Finance, Bajaj Finserv, Reliance Industries and ICICI Bank were among the gainers.
In Asia, markets in Tokyo and Seoul ended lower, while Hong Kong and Shanghai posted gains.
European markets were trading in the green in mid-session deals.
Stock exchanges in the US closed with a sharp fall on Thursday.
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, “The major themes affecting equity markets globally are global monetary tightening and fears of an economic slowdown.”
Meanwhile, international oil benchmark Brent crude jumped 0.96% to $120.96 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 3,257.65 crore on Thursday, according to exchange data.