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The
Indian Stock Market extended losses with the Sensex falling 116.97 points to 27618.05 and
the Nifty losing 45.70 points to 8352.60, dragged by banking & financials,
infrastructure and select auto stocks. The broader markets declined too, the
BSE Midcap & Smallcap slipped 0.6-1 percent. About 590 shares have
advanced, 1275 shares declined, and 121 shares are unchanged on the BSE.
Shares of HDFC, Infosys, Axis Bank, L&T, Maruti Suzuki, HUL, M&M, Cipla and Bajaj Auto dropped 1-2 percent followed by ICICI Bank and HDFC Bank with marginal loss. However, ITC and ONGC bucked the trend, rising over a percent. Oil prices on Friday edged down from 2015-highs reached in the previous session, but prices remained on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments.
The Sensex fell 187.09 points to 27547.93 and the Nifty declined 63.55 points to 8334.75. About 589 shares have advanced, 1501 shares declined, and 126 shares are unchanged on the BSE. The market has extended losses on the back of intense selling pressure in realty, metal and banking shares. The BSE Sensex so far has plunged to a low of 27,517 and is now down 205 points at 27,529. Similarly, the NSE Nifty is now trading at day's low of 8,326 - down 72 points.
Shares of HDFC, Infosys, Axis Bank, L&T, Maruti Suzuki, HUL, M&M, Cipla and Bajaj Auto dropped 1-2 percent followed by ICICI Bank and HDFC Bank with marginal loss. However, ITC and ONGC bucked the trend, rising over a percent. Oil prices on Friday edged down from 2015-highs reached in the previous session, but prices remained on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments.
The Sensex fell 187.09 points to 27547.93 and the Nifty declined 63.55 points to 8334.75. About 589 shares have advanced, 1501 shares declined, and 126 shares are unchanged on the BSE. The market has extended losses on the back of intense selling pressure in realty, metal and banking shares. The BSE Sensex so far has plunged to a low of 27,517 and is now down 205 points at 27,529. Similarly, the NSE Nifty is now trading at day's low of 8,326 - down 72 points.
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