- News>
- Markets
Markets end in red, Nifty still holds on to 10,000
The Nifty banking index fell 2.63%, but was still up 5.7% for the week, following a 11.7% surge last week.
New Delhi: Markets ended in red after after a six-session rally led by decline in banking and finance stocks, however the NSE Nifty managed to hold on to 10,000 level.
The BSE Sensex fell 128.84 or 0.38 percent to 33,980.70 on the other hand the NSE Nifty dropped 32.45 points or 0.32 percent to finish at 10,029.10.
The Nifty banking index fell 2.63%, but was still up 5.7% for the week, following a 11.7% surge last week.
Asian Paints was the top laggard in the Sensex pack, falling 4.85 per cent, followed by Bajaj Finance, HDFC, IndusInd Bank, Axis Bank and Kotak Mahindra Bank. The gainers included Tech Mahindra, Sun Pharma, Bharti Airtel and PowerGrid, which climbed up to 5.34 per cent.
Meanwhile, the rupee depreciated 10 paise to provisionally close at 75.57 against the US dollar.
BSE bankex, finance, capital goods, realty, consumer durables and industrials indices shed up to 2.70 per cent, while telecom, teck, IT, energy and healthcare closed with gains of up to 3.47 per cent.