Market Ends Lower Amid Volatility

Benchmark indices opened higher but erased all the gains in the opening hour

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The stock market ended lower during a highly volatile session on Friday with Nifty falling below 23,350. This was led by selling across the sectors, barring IT stocks.

At close, the Sensex was down 241.30 points or 0.31 per cent at 77,378.91, and the Nifty was down 95 points or 0.40 per cent at 23,431.50.

Benchmark indices opened higher but erased all the gains in the opening hour despite weak Asian markets.

Sensex opened at 77,682.59 against its previous close of 77,620.21 and dropped over 500 points, or 0.70 per cent, to the intraday low of 77,099.55.

While the Nifty 50 opened at 23,551.90 against its previous close of 23,526.50 and declined over 180 points, or 0.80 per cent, to 23,344.35.

BSE Midcap index has fallen 4.13 per cent, while the BSE Smallcap index has lost 4.6 per cent.