Stock market benchmark indices Sensex and Nifty plunged more than 1 per cent on Friday after a brief respite, as the Middle East conflict entered its seventh day, pushing crude oil prices higher.
Investor sentiment remained subdued due to weakness in US equities, a muted trend in European markets, and continued foreign fund outflows.
The 30-share benchmark index ended at 78918.9 down by -1097 points or by -1.37 % and then NSE Nifty was at 24450.45 down by -315.45 points or by -1.27 %.
Sensex touched intraday high of 79753.03 and intraday low of 78812.18 The NSE Nifty touched intraday high of 24700.9 and intraday low of 24415.75
The top gainers of the BSE Sensex pack were Bharat Electronics Ltd. (Rs. 468.35,+1.82%), Reliance Industries Ltd. (Rs. 1405.20,+1.11%), Sun Pharmaceutical Industries Ltd. (Rs. 1795.00,+0.68%), NTPC Ltd. (Rs. 380.45,+0.61%), Infosys Ltd. (Rs. 1308.25,+0.26%), among others.
The top losers of the BSE Sensex pack were Eternal Ltd. (Rs. 232.15,-3.39%), ICICI Bank Ltd. (Rs. 1313.35,-3.39%), Axis Bank Ltd. (Rs. 1315.90,-2.58%), UltraTech Cement Ltd. (Rs. 11986.75,-2.56%), HDFC Bank Ltd. (Rs. 857.10,-2.39%), among others.
CGS index was at 70618.46 up by 908.9 points or by 1.3%. Bharat Dynamics Ltd. (Rs. 1356.70,+5.78%), Mazagon Dock Shipbuilders Ltd. (Rs. 2469.65,+5.00%), Data Patterns (India) Ltd. (Rs. 3490.15,+3.87%), Kirloskar Oil Engines Ltd. (Rs. 1518.00,+3.41%), Thermax Ltd. (Rs. 3174.50,+3.39%),.
Bankex index was at 64991.19 down by -1419.61 points or by -2.14%. ICICI Bank Ltd. (Rs. 1313.35,-3.39%), Axis Bank Ltd. (Rs. 1315.90,-2.58%), HDFC Bank Ltd. (Rs. 857.10,-2.39%), State Bank of India (Rs. 1143.55,-2.37%), Punjab National Bank (Rs. 119.30,-2.21%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4543 , shares advanced were 1953 while 2400 shares declined and 190 were unchanged.