Market on Friday | Nifty ends below 25,350, Sensex down 388 points
Indian equity markets snapped a three-day winning run to end lower, with Nifty 50 closing below 25,350 as selling gripped FMCG, IT and banking shares, however, buying in realty, oil & gas, power and PSU banks limited the losses.
At close, the Sensex was down 387.73 points or 0.47 percent at 82,626.23, and the Nifty was down 96.55 points or 0.38 percent at 25,327.05. BSE Midcap and smallcap indices ended flat. For the week, BSE Sensex and Nifty gained nearly a percent each.
Among sectors, consumer durables, media, auto, FMCG, IT shed 0.4-0.6%, while power, PSU bank rose 1% each.
The biggest Nifty losers were HCL Technologies, ICICI Bank, Nestle, Titan, Trent were the gainers were Adani Enterprises, Adani Ports, SBI Life Insurance, Shriram Finance, SBI closed lower.