Market falls 0.5 pc amid terror attack aftermath

The Sensex dropped 588.90 points (0.74 per cent) to 79,212.53, while the Nifty fell 207.35 points (0.86 per cent) to 24,039.35

- STATESMAN NEWS SERVICE

Benchmark indices on Friday shed over 0.5 per cent as investors remained concerned over India's response to the terror attack and its consequences.

At close, the Sensex was down 588.90 points or 0.74 per cent at 79,212.53, and the Nifty was down 207.35 points or 0.86 per cent at 24,039.35.

Sensex opened at 79,830 against its previous close of 79,801 and crashed nearly 1,200 points, or 1.50 per cent, to an intraday low of 78,606 while Nifty 50 opened at 24,289 against its previous close of 24,247 and plunged nearly 400 points, or 1.6 per cent, to an intraday low of 23,848.

Buying at lower levels especially in the IT stocks helped to regain some lost ground.