Closing Bell: Frontline indices end Friday in red; Sensex tanks 460 points, Nifty declines nearly 150 points

All 15 Nifty sectoral indices closed in the red. The worst performers were Nifty PSU Bank (-2.46 per cent), Nifty Auto (- 1.40 per cent), Nifty Pharma (-1.25 per cent) and Nifty Realty (-1.18 per cent)

Out of 3,662 stocks that traded on BSE, 1,415 stocks advanced while 2,115 stocks declined while 132 remained unchanged. Source: PTI

Domestic stock markets ended in the red for second day in a row. Amid selling pressure more so in banks, auto, IT and pharma stocks, Indian shares traded sharply lower on Friday. The 30-share benchmark S&P BSE Sensex closed 461 points lower, or 0.75 per cent down, at 61,337.81, while the broader 50-share NSE Nifty50 was down by 145 points, or 0.79 per cent lower to finish at 18,269.

India VIX, a measure of volatility in Nifty was up 2.45 per cent at 14.07.

In the 50-stock Nifty50 45 stocks declined. The top losers were Mahindra & Mahindra, Adani Ports, BPCL, Asian Paints and Dr Reddy's Laboratories while top gainers were Tata Motors, Hindustan Unilever, Nestle India, HDFC Bank and UPL.

All 15 Nifty sectoral indices closed in the red. The worst performers were Nifty PSU Bank (-2.46 per cent), Nifty Auto (- 1.40 per cent), Nifty Pharma (-1.25 per cent) and Nifty Realty (-1.18 per cent).

The broader markets also witnessed profit booking with Nifty Mid Cap 100 underperforming benchmark Nifty50. It ended at 31,995, down nearly 550 points or 1.65 per cent. Meanwhile, Nifty Small Cap 100 was trading at 10,036.05, down nearly 50 points or 0.45 per cent.

Out of 3,662 stocks that traded on BSE, 1,415 stocks advanced while 2,115 stocks declined while 132 remained unchanged.

In global markets, Germany's Dax was trading at 13,880.90, down 105.35 or 0.75 per cent. Nikkei 225 crashed today to end over 500 points or 2 per cent lower, China's Shanghai Composite ended flat, though with a negative bias.

MCX Gold futures were trading with limited gains. The February futures were trading at Rs 54128 per gram and were up by Rs 21 from the Thursday closing level. Meanwhile, March Silver futures were down by Rs 723 or over 1 per cent at Rs 67095.

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