Share Market: Sensex tumbled 609 points this week

The BSE Sensex dropped 609.51 points or 0.74 per cent to settle at 81,721.08 during the week ended on Friday, driven by escalating global trade tensions, even fiscal deficits, rising bond yields and renewed fiscal concerns in major economies too impacted the same.

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The Nifty fell 165.65 pts or 0.67 pc at 24,853.15.

Investor sentiment was further dampened by growing apprehensions over the US fiscal outlook, following Moody's downgrade of the US credit outlook. Investors are anticipating to closely track bond yields, global economic indicators, and upcoming Q4 earnings results.

Indices ended lower for three out of five trading sessions.

The BSE Mid-Cap index declined 0.32 pc to close at 44,861.42. The BSE Small-Cap index jumped 0.93 pc to end at 51,521.42.

On Monday, the S&P BSE Sensex declined 271.17 points or 0.33 pc to 82,059.42.

The Nifty 50 index fell 74.35 points or 0.30 pc to 24,945.45.

On Tuesday, it was crashed another 872.98 points or 1.06 pc to 81,186.44. The Nifty 50 index declined 261.55 points or 1.05% to 24,683.90.