Benchmarks ended below crucial support levels Friday raising concerns of further decline in coming sessions. Indian markets have been under pressure on worries of inflation, interest rate hike, liquidity crunch and sell-off by foreign institutional investors
Indices opened on a weak note in line with other Asian peers and witnessed a bounce back intraday after benchmarks breached support levels. However, the pull-back was short-lived as rise in inflation dampened sentiments
National Stock Exchange’s Nifty ended at 5654.55, down 97.35 points or 1.69 per cent. The broader index touched a low of 5639.65 and a high of 5833.65 intraday.
Bombay Stock Exchange’s Sensex closed at 18860.44, down 322.38 points or 1.68 per cent. The 30-share index touched a low of 18811.96 and high of 19447.82 in today’s trad
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