Closing Bell: Mayhem in markets; Midcaps, metal stocks tank
After the North Korea jitters, the Sensex closed down 447.60 points at 31922.44, while the Nifty ended lower by 157.50 points at 9964.40.
It was a mayhem in markets on Friday. After the North Korea jitters, the Sensex closed down 447.60 points at 31922.44, while the Nifty ended lower by 157.50 points at 9964.40.
Midcaps and metal stocks fell 3-4%, while IT index was the least hit among all.
Tata Steel, L&T and Hindalco traded in red most of the today and were among the top losers. However, Wipro, Tata Motors, and HCL Tech managed to trade in green amidst the carnage.
Among other indices, the S&P BSE Mid-Cap index provisionally fell 2.71%. The S&P BSE Small-Cap index provisionally lost 2.93%.
The losses in both the indices were higher than the Sensex's slide in percentage terms.
The markets will now open on Monday.