Stock Market :- Sensex, Nifty end lower

asIndian shares ended lower for a fourth straight session on Friday, weighed down by banking stocks, as the government’s plan for $7.7 billion stimulus spending raised concerns over fiscal deficit.

 

The Nifty closed down 1.56 percent at 9,964.40, while the benchmark Sensex fell 1.38 percent to 31,922.44. Both indexes posted their biggest intraday percentage decline in 10 months.

 

The Nifty lost 1.22 percent this week, while the Sensex fell 1.09 percent. Both indexes posted weekly losses for a second time this month.

 

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Key Indian equity indices trade lower during early session

Bombay Stock Exchange. (File Photo: IANS)

Key Indian equity market indices opened in the red on Friday following global cues.

 

The 30-scrip Sensitive Index (Sensex) was trading 192.07 points or 0.59 % lower during the early session.

 

The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 63.05 points or 0.62 per cent lower at 10,058.85 points.

 

The BSE Sensex, which opened at 32,339.50 points, was trading at 32,177.97 points (at 9.18 a.m.) in the early session, lower 192.07 points or 0.59% from the previous day’s close at 32,370.04 points.

 

The Sensex touched a high of 32,342.81 points and a low of 32,176.60 points in the trade so far.

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