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Domestic equity benchmark Sensex plunged 433 points on Friday, tracking heavy losses in banking, consumption and auto stocks amid a selloff in global markets.<\/p>\n
Tanking 663 points from the day\u2019s high, the 30-share BSE index settled 433.15 points or 1.13 per cent lower at 37,877.34. The broader NSE Nifty slumped 122.05 points or 1.08 per cent to close at 11,178.40.<\/p>\n
Axis Bank was the top loser in the Sensex pack, falling around 3 per cent, followed by SBI, M&M, Bajaj Finance, ITC, HDFC Bank, HCL Tech and IndusInd Bank.<\/p>\n
On the other hand, Sun Pharma, NTPC, Tata Steel, Titan and Infosys were the gainers.<\/p>\n
According to traders, key indices made a U-turn after trading on a positive note in the first half of the session following massive losses in European equities.<\/p>\n
Stock exchanges in Paris, Frankfurt and London plunged up to 2 per cent in early deals.<\/p>\n
Bourses in Hong Kong and Seoul ended in the red, while Shanghai and Tokyo settled with gains.<\/p>\n
Global oil benchmark Brent crude was trading 0.65 per cent lower at USD 44.67 per barrel.<\/p>\n
In the forex market, the rupee settled 6 paise lower at 74.90 against US dollar. <\/p>\n
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