Market falls for 8th session for first time in two years

Benchmark indices fell for an eighth straight session for the first time in two years on Friday.

- STATESMAN NEWS SERVICE

At close, Sensex was down 199 points or 0.3 per cent at 75,939, and the Nifty was down 102 points or 0.4 per cent at 22,929. About 642 shares advanced, 3,200 shares declined, and 73 shares were unchanged.

The downfall was amid the fears of relentless FII selling and weak Q3 earnings.

Notably, the Nifty is currently 13 per cent below its all-time high, while Sensex has declined 12 per cent from its peak.

BSE Midcap and BSE Smallcap indices nosedived nearly over 3 per cent each. The smallcap index is down around 21 per cent from its December record high, while midcaps are 19.5 per cent below their peak closing level in September.