New Delhi: After Thursday’s strong comeback, Sensex was back in the red with a fall of more than 164 points in choppy trade on the Bombay Stock Exchange.
It was yet another extremely volatile day wherein the markets opened in green but drifted down in red on the back of selling pressure witnessed across the sectors.
The markets on Friday witnessed heavy gyration and swung between red and green in the first half of day traded under deep pressure for most of the time in the second half on selling by funds coupled with profit-taking by retail investors in cement and auto stocks.
The BSE-30 share benchmark Sensex, which had recovered nearly 470 points in the previous session, succumbed to funds selling and profit-taking by retail investors and lost 164.36 points, or 1.26 per cent at 12,884.99.
It moved between 13,145.72 and 12,788.16 points during the session.
In likewise manner, the Nifty index on the wide-based National Stock Exchange fell by 56.30, or 1.50 per cent at 3,705.35 points after moving between 3795.80 and 3684.25.
Major counters, which dragged the the Sensex down, were ACC, Grasim Industries, Gujarat Ambuja Cement, Reliance Industries, Reliance Communication, Reliance Capital, Infosys Technologies, Wipro, TCS, Larsen and Toubro, Tata Motors, Bajaj Auto and Maruti Udyog.
However, Tata Steel, HDFC Bank, HDFC Ltd, Hero Honda and ONGC remained in positive zone with moderate gains.
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