Mumbai: The equity market remained under pressure for the third straight session on Friday as the BSE Sensex dropped by 135.78 pts to settle at 39,614.07 on heavy selling in Telecom, Auto, Bankex, Finance and FMCG stocks amid weak Asian Market.
The Nifty of National Stock Exchange too declined by 28.40 pts at 11,642.40.
High volatility was witnessed during the day, as the Sensex opened in green rising by 30 pts at 39,779.82. It was surged by 239 pts to 39,988.25 days high.
Later, it was nosedived nearly 508 pts to 39,241.87, days low before closing at 39,614.07, sliding by 135.78 pts from its previous close.
The Sensex registered days high and low at 39,988.25 and 39,241.87 pts respectively.
The Nifty recorded days high and low at 11,748.95 and 11,535.45 pts respectively.
The sectoral indices that kept the market low were Telecom, Auto, Bankex, Finance and FMCG stocks. The scrips that fell were Bharti Airtel, Maruti Suzuki, Hind Unilever, Bajaj Finance and ICICI Bank, however, buying in Reliance industries, Nestle India, Sun Pharma, NTPC and Tata Steel restricted from further losses, broker informed.
