Weekend Markets: Sensex slips 102 points; Nifty touch 18,100

Market Key benchmark, the BSE Sensex declined 102 points on the week ended Friday, tracking losses in ITC, Maruti Suzuki and Infosys amid mixed cues from global markets. At the closing point, the  BSE index Sensex declined 101.88 points to 60,821.62. Similarly, the Nifty of the National Stock Exchange shed 63.20 points or 0.35 percent to close at 18,114.90.

ITC was the top loser in the Sensex pack, falling over 3 percent, followed by Maruti Suzuki, Infosys, NTPC, HCL Technologies and Tata Steel. On the other hand, HDFC, Bajaj Auto, IndusInd Bank, Kotak Bank, Titan company and Axis Bank were among the gainers.

Among sectors, the Bank Nifty rallied to a fresh all-time high at 40,587, and clsoed 0.7 percent higher at 40,315. The Realty index rose 2.4 percent to 509.75. On the other hand, the NSE Metal index tumbled over 3 percent to 5,686. The Media index fell 2.3 percent, while the ITC and Pharma indices were down 1.5 percent each.

Meanwhile, the Indian rupee slipped 3 paise to close at 74.90 against the U.S. dollar.  International oil benchmark Brent crude rose 0.52 percent to USD85.05 per barrel. Foreign institutional investors  were net sellers in the capital market on Thursday, offloading shares worth Rs.2,818.90 crore, as per exchange data

 

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