Sensex declines 202 points

After a volatile session, the 30-share BSE index ended 202.22 points or 0.42 per cent lower at 47,878.45

Mumbai: Equity benchmark Sensex declined 202 points on Friday, tracking losses in ICICI Bank, Infosys and HUL amid persistent concerns over the economic impact of the second wave of COVID-19 pandemic in the country.

After a volatile session, the 30-share BSE index ended 202.22 points or 0.42 per cent lower at 47,878.45. Similarly, the broader NSE Nifty dropped 64.80 points or 0.45 per cent to 14,341.35.
M&M was the top loser in the Sensex pack, shedding over 2 per cent, followed by Dr Reddy’s Bharti Airtel, Tech Mahindra, HUL, ICICI Bank and Infosys. On the other hand, PowerGrid, NTPC, IndusInd Bank, Axis Bank, HDFC and Asian Paints were among the gainers.

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul ended on a positive note, while Tokyo was in the red. Stock exchanges in Europe were trading with losses in mid-session deals. Meanwhile, international oil benchmark Brent crude was trading 0.06 per cent lower at $65.36 per barrel.

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