Sensex ends 192 points lower to 39,395, Nifty closes below 11,800-mark; Yes Bank, IndusInd, Tata Motors among top losers

Mumbai: The BSE Sensex ended 192 points lower on Friday on the back of losses in index heavyweights RIL, HDFC Bank, ICICI Bank and TCS amid weak global cues.

After a choppy session, the 30-share BSE Sensex settled 191.77 points, or 0.48 percent, lower at 39,394.64. The index hit an intra-day low of 39,361.92 and a high of 39,675.25.

The broader NSE Nifty too fell 52.70 points, or 0.45 percent, to end at 11,788.85. During the day, the index touched a low of of 11,775.50 and a high of 11,871.70.

 Sensex ends 192 points lower to 39,395, Nifty closes below 11,800-mark; Yes Bank, IndusInd, Tata Motors among top losers

Representational image. Reuters.

Top losers in the Sensex pack included Yes Bank, IndusInd Bank, Tata Motors, RIL, ONGC, Bajaj Auto, Vedanta, Tata Steel, TCS, HDFC Bank and ICICI Bank, which fell up to 3.29 percent.

On the other hand, Bajaj Finance, Axis Bank, NTPC, Maruti, HUL and Tech Mahindra rose up to 1.05 percent.

According to traders, domestic bourses tracked weakness in other Asian equities, which ended in the red as investors monitored trade-related developments in the G-20 Summit being held in Osaka, Japan.

Investors were also tracking the summit for cues on India-US trade concerns, traders said.

Domestic trading sentiment was also dampened after regulator Sebi Thursday tightened mutual fund norms, making it mandatory for MFs selling liquid schemes to hold at least 20 percent in liquid assets like cash and G-secs, and also banned them from entering into standstill agreements with firms whose debt they have exposure to.

Meanwhile, the Indian rupee appreciated 4 paise to 69.03 against the US dollar intra-day.

Brent crude futures, the global oil benchmark was trading flat at $65.64 per barrel.

Updated Date: Jun 28, 2019 16:37:31 IST