INSUBCONTINENT EXCLUSIVE:
The overall market breadth was weak as 963 shares were advancing while 1,603 were declining on BSE.New Delhi: The Indian equity benchmarks
continued to plunge for the fourth straight session on Friday amid weak global cues
Both the indexes headed for their worst week since late-November
Asian share markets and United States futures fell after United States stocks took a knock overnight, hurt by lingering concerns over the
points or 1.21 per cent at 58,743 and the broader NSE Nifty slumped 209 points or 1.18 per cent to 17,548.Mid- and small-cap shares were in
the negative zone as Nifty Midcap 100 index fell 0.82 per cent and small-cap shares were trading 0.77 per cent down.On the stock-specific
front, Tech Mahindra was the top Nifty loser as the stock cracked 3 per cent to Rs 1,616.90
Bajaj Finserv, Dr Reddy's , Infosys and Divi's Lab were also among the laggards.On the flipside, PowerGrid, Hindalco and BPCL were among
the gainers.The overall market breadth was weak as 963 shares were advancing while 1,603 were declining on BSE.On the 30-share BSE platform,
Bajaj Finserv, Dr Reddy's , Infosys, TechM, Bajaj Finance, IndusInd Bank and Wipro attracted the most losses with their shares sliding as
much as 3.10 per cent.Also, Reliance Industries, JSW Steel, HDFC Life Insurance and SBI Life Insurance slipped ahead of their earnings
reports.PowerGrid, Hindustan Unilever and NTPC were among the gainers.Sensex had slumped 634 points or 1.06 per cent to close at 59,465 on
Thursday, while the broader NSE Nifty had settled 181 points or 1.01 per cent lower at 17,757.
