Halting their record-breaking rally, equity benchmark indices Sensex and Nifty buckled under selling pressure on Friday as investors pared exposure to oil & gas, capital goods and FMCG stocks amid a bearish trend in global markets.
However, recent foreign capital inflows and buying in index majors Bharti Airtel, Infosys and TCS helped indices restrict the losses, traders said.
Snapping its six-day rally, the 30-share BSE Sensex declined 269.03 points or 0.35 per cent to settle at 77,209.90. During the day, it tanked 676.93 points or 0.87 per cent to 76,802.
The Nifty rose 100.1 points to hit a record intraday peak of 23,667.10 earlier in the day. However, it failed to maintain the momentum and slipped 65.90 points or 0.28 per cent to end at 23,501.10.
This story is from the June 22, 2024 edition of The Free Press Journal.
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This story is from the June 22, 2024 edition of The Free Press Journal.
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