Market on Friday | Sensex sinks 770 pts, Nifty struggles near 25,050
The market failed to build on the previous session’s strong rebound and ended lower in a volatile session on January 23, as selling pressure was seen across sectors.
At close, the Sensex was down 769.67 points or 0.94 percent at 81,537.70, and the Nifty was down 241.25 points or 0.95 percent at 25,048.65.
The broader underperformed the benchmarks, with BSE midcap index falling 1.5 percent and smallcap index down over 2 percent.
The market was shut on Monday, January 26 on account of Republic Day.
Biggest Nifty losers were Adani Enterprises, Adani Ports, Eternal, Interglobe Aviation, Cipla, while gainers included Dr Reddy’s Labs, Tech Mahindra, ONGC, Hindalco, HUL.
All the sectoral indices ended in the red with capital goods, power, realty, PSU Bank, media down 2-3%.