The Indian equity market ended in red in Friday’s volatile session. At close, the Sensex was down 106.62 points or 0.16% at 66,160.20, and the Nifty was down 13.90 points or 0.07% at 19,646.
Bajaj Finserv, HDFC Bank, BPCL, Tata Motors and HCL Technologies are among the top losers on the Nifty, while gainers were NTPC, Power Grid Corporation, Apollo Hospitals, Adani Enterprises and M&M.
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About 1774 shares advanced, 1641 shares declined, and 163 shares unchanged. The BSE Midcap and Smallcap index added 0.5 percent each.
Among sectors, power and realty indices rose 2% each, while metal, capital goods and healthcare added 0.4% each. On the other hand, selling was seen in the banking, oil & gas and information technology names.
“Macro sentiments remained volatile as frailties in European and US banks were under focus. Indian equity markets remained concerned about slowdown, higher interest rates and valuation even as inflation continued its downward trajectory both globally and domestically,” Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities
The Indian market had opened on a flat note, amid mixed global cues. At opening, Sensex was down 136.55 points or 0.21% at 66,130.27, and the Nifty was down 35.10 points or 0.18% at 19,624.80.
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Dr Reddy's Labs, Britannia Industries, M&M, Apollo Hospitals and Divis Labs were among major gainers on the Nifty, while losers were BPCL, Axis Bank, ONGC, Hindalco Industries and Sun Pharma.
On the other hand, Indian Rupee closed 31 paise lower at 82.25 against US Dollar. The domestic currency had opened 33 paise lower at 82.27 per dollar in the morning, mainly due to the overall strength of the greenback, against previous close of 81.94.